GERKE UNIT I LAS
GERKE UNIT I LAS is a Texas oil lease in La Salle County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2012 to August 2026, totalling 201,717 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 $771K, with roughly $146K 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 194 barrels a month. Its strongest month on the record we hold was May 2016, at 1,302 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 GERKE UNIT I LAS
- Who operates GERKE UNIT I LAS?
- GERKE UNIT I LAS is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is GERKE UNIT I LAS?
- GERKE UNIT I LAS is a Texas oil lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16718.
- Is GERKE UNIT I LAS still producing?
- GERKE UNIT I LAS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GERKE UNIT I LAS is August 2026.
- How much has GERKE UNIT I LAS produced?
- GERKE UNIT I LAS has reported 201,717 barrels of oil (bbl) to the Railroad Commission of Texas between November 2012 and August 2026, from 1 wellbore.
- How much is GERKE UNIT I LAS worth?
- The remaining production from GERKE UNIT I LAS is estimated to be worth about $771K in total as of 27 August 2026, within a range of $601K to $941K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GERKE UNIT I LAS is a fraction of it. The estimate fits an Arps decline curve to the production GERKE UNIT I LAS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GERKE UNIT I LAS is an estimate of value, not an offer and not an appraisal.
- How much income does GERKE UNIT I LAS generate in a year?
- GERKE UNIT I LAS is forecast to net about $146K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GERKE UNIT I LAS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | La Salle County, Texas |
| RRC district | 01 |
| Lease number | 16718 |
| Wellbores | 1 |
| Reported production | 201,717 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $771K |
Where GERKE UNIT I 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.