MEDFORD LAS
MEDFORD LAS is a Texas oil lease in La Salle County, Railroad Commission district 01, operated by Chesapeake Operating, Inc. It has 2 wellbores on file with the Commission. Reported production runs from March 2012 to August 2026, totalling 541,664 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 $2.8M, with roughly $632K 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 811 barrels a month, about 406 per wellbore. Its strongest month on the record we hold was June 2016, at 3,045 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 MEDFORD LAS
- Who operates MEDFORD LAS?
- MEDFORD LAS is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is MEDFORD LAS?
- MEDFORD LAS is a Texas oil lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16104.
- Is MEDFORD LAS still producing?
- MEDFORD LAS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MEDFORD LAS is August 2026.
- How much has MEDFORD LAS produced?
- MEDFORD LAS has reported 541,664 barrels of oil (bbl) to the Railroad Commission of Texas between March 2012 and August 2026, from 2 wellbores.
- How much is MEDFORD LAS worth?
- The remaining production from MEDFORD LAS is estimated to be worth about $2.8M in total as of 27 August 2026, within a range of $2.2M to $3.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MEDFORD LAS is a fraction of it. The estimate fits an Arps decline curve to the production MEDFORD LAS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MEDFORD LAS is an estimate of value, not an offer and not an appraisal.
- How much income does MEDFORD LAS generate in a year?
- MEDFORD LAS is forecast to net about $632K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MEDFORD 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 | 16104 |
| Wellbores | 2 |
| Reported production | 541,664 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.8M |
Where MEDFORD 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.