WAKEMAN
WAKEMAN 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 November 2008 to August 2026, totalling 2,125,989 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 $415K, with roughly $63K 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 3,029 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 9,443 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 WAKEMAN
- Who operates WAKEMAN?
- WAKEMAN is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is WAKEMAN?
- WAKEMAN is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 246370.
- Is WAKEMAN still producing?
- WAKEMAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WAKEMAN is August 2026.
- How much has WAKEMAN produced?
- WAKEMAN has reported 2,125,989 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2008 and August 2026, from 1 wellbore.
- How much is WAKEMAN worth?
- The remaining production from WAKEMAN is estimated to be worth about $415K in total as of 26 August 2026, within a range of $344K to $485K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WAKEMAN is a fraction of it. The estimate fits an Arps decline curve to the production WAKEMAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WAKEMAN is an estimate of value, not an offer and not an appraisal.
- How much income does WAKEMAN generate in a year?
- WAKEMAN is forecast to net about $63K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WAKEMAN 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 | 246370 |
| Wellbores | 1 |
| Reported production | 2,125,989 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $415K |
Where WAKEMAN 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.