MENDOTA 40 NW
MENDOTA 40 NW is a Texas oil 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 May 2008 to August 2026, totalling 15,197 barrels. 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 $263K, with roughly $38K 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 24 barrels a month. Its strongest month on the record we hold was April 2021, at 139 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 40 NW
- Who operates MENDOTA 40 NW?
- MENDOTA 40 NW is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is MENDOTA 40 NW?
- MENDOTA 40 NW is a Texas oil lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08024.
- Is MENDOTA 40 NW still producing?
- MENDOTA 40 NW is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MENDOTA 40 NW is August 2026.
- How much has MENDOTA 40 NW produced?
- MENDOTA 40 NW has reported 15,197 barrels of oil (bbl) to the Railroad Commission of Texas between May 2008 and August 2026, from 1 wellbore.
- How much is MENDOTA 40 NW worth?
- The remaining production from MENDOTA 40 NW is estimated to be worth about $263K in total as of 27 August 2026, within a range of $145K to $382K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MENDOTA 40 NW is a fraction of it. The estimate fits an Arps decline curve to the production MENDOTA 40 NW has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MENDOTA 40 NW is an estimate of value, not an offer and not an appraisal.
- How much income does MENDOTA 40 NW generate in a year?
- MENDOTA 40 NW is forecast to net about $38K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MENDOTA 40 NW 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 | 08024 |
| Wellbores | 1 |
| Reported production | 15,197 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $263K |
Where MENDOTA 40 NW 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.