EAST GODLEY
EAST GODLEY is a Texas gas lease in Johnson County, Railroad Commission district 09, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2005 to August 2026, totalling 3,083,334 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 $979, with roughly $124 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 5 thousand cubic feet a month. Its strongest month on the record we hold was October 2018, at 9,807 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 EAST GODLEY
- Who operates EAST GODLEY?
- EAST GODLEY is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is EAST GODLEY?
- EAST GODLEY is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 212559.
- Is EAST GODLEY still producing?
- EAST GODLEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EAST GODLEY is August 2026.
- How much has EAST GODLEY produced?
- EAST GODLEY has reported 3,083,334 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2005 and August 2026, from 1 wellbore.
- How much is EAST GODLEY worth?
- The remaining production from EAST GODLEY is estimated to be worth about $979 in total as of 27 August 2026, within a range of $0 to $2K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EAST GODLEY is a fraction of it. The estimate fits an Arps decline curve to the production EAST GODLEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EAST GODLEY is an estimate of value, not an offer and not an appraisal.
- How much income does EAST GODLEY generate in a year?
- EAST GODLEY is forecast to net about $124 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EAST GODLEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Johnson County, Texas |
| RRC district | 09 |
| Lease number | 212559 |
| Wellbores | 1 |
| Reported production | 3,083,334 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $979 |
Where EAST GODLEY 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.