TRAIL OAKS
TRAIL OAKS 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 December 2009 to August 2026, totalling 1,824,420 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 $676K, with roughly $109K 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 4,684 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 11,699 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 TRAIL OAKS
- Who operates TRAIL OAKS?
- TRAIL OAKS is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is TRAIL OAKS?
- TRAIL OAKS is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 255496.
- Is TRAIL OAKS still producing?
- TRAIL OAKS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TRAIL OAKS is August 2026.
- How much has TRAIL OAKS produced?
- TRAIL OAKS has reported 1,824,420 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2009 and August 2026, from 1 wellbore.
- How much is TRAIL OAKS worth?
- The remaining production from TRAIL OAKS is estimated to be worth about $676K in total as of 26 August 2026, within a range of $561K to $790K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TRAIL OAKS is a fraction of it. The estimate fits an Arps decline curve to the production TRAIL OAKS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TRAIL OAKS is an estimate of value, not an offer and not an appraisal.
- How much income does TRAIL OAKS generate in a year?
- TRAIL OAKS is forecast to net about $109K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TRAIL OAKS 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 | 255496 |
| Wellbores | 1 |
| Reported production | 1,824,420 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $676K |
Where TRAIL OAKS 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.