BOBBITT LAS

BOBBITT LAS is a Texas oil lease in La Salle County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 7 wellbores on file with the Commission. Reported production runs from November 2012 to August 2026, totalling 1,130,483 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 $700K, with roughly $205K 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 873 barrels a month, about 125 per wellbore. Its strongest month on the record we hold was May 2016, at 10,068 barrels. 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 BOBBITT LAS

Who operates BOBBITT LAS?
BOBBITT LAS is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
Where is BOBBITT LAS?
BOBBITT LAS is a Texas oil lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16674.
Is BOBBITT LAS still producing?
BOBBITT LAS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BOBBITT LAS is August 2026.
How much has BOBBITT LAS produced?
BOBBITT LAS has reported 1,130,483 barrels of oil (bbl) to the Railroad Commission of Texas between November 2012 and August 2026, from 7 wellbores.
How much is BOBBITT LAS worth?
The remaining production from BOBBITT LAS is estimated to be worth about $700K in total as of 27 August 2026, within a range of $546K to $854K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BOBBITT LAS is a fraction of it. The estimate fits an Arps decline curve to the production BOBBITT LAS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BOBBITT LAS is an estimate of value, not an offer and not an appraisal.
How much income does BOBBITT LAS generate in a year?
BOBBITT LAS is forecast to net about $205K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BOBBITT LAS receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BOBBITT LAS as filed with the Railroad Commission of Texas
OperatorChesapeake Operating, Inc.
FieldEagleville (Eagle Ford-1)
CountyLa Salle County, Texas
RRC district01
Lease number16674
Wellbores7
Reported production1,130,483 bbl
First reported
Last reported
Estimated royalty value$700K

Where BOBBITT LAS 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.