MENDOTA 15-NE
MENDOTA 15-NE is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2007 to August 2026, totalling 825,427 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $55K, with roughly $16K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 781 thousand cubic feet a month. Its strongest month on the record we hold was November 2016, at 3,599 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about MENDOTA 15-NE
- Who operates MENDOTA 15-NE?
- MENDOTA 15-NE is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is MENDOTA 15-NE?
- MENDOTA 15-NE is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 234002.
- Is MENDOTA 15-NE still producing?
- MENDOTA 15-NE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MENDOTA 15-NE is August 2026.
- How much has MENDOTA 15-NE produced?
- MENDOTA 15-NE has reported 825,427 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2007 and August 2026, from 1 wellbore.
- How much is MENDOTA 15-NE worth?
- The remaining production from MENDOTA 15-NE is estimated to be worth about $55K in total as of 27 August 2026, within a range of $43K to $67K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MENDOTA 15-NE is a fraction of it. The estimate fits an Arps decline curve to the production MENDOTA 15-NE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MENDOTA 15-NE is an estimate of value, not an offer and not an appraisal.
- How much income does MENDOTA 15-NE generate in a year?
- MENDOTA 15-NE is forecast to net about $16K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MENDOTA 15-NE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Mendota, NW. (Granite Wash) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 234002 |
| Wellbores | 1 |
| Reported production | 825,427 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $55K |
Where MENDOTA 15-NE sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.