BORN 1071
BORN 1071 is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2011 to August 2026, totalling 974,259 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 $520K, with roughly $105K 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 2,941 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 10,055 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 BORN 1071
- Who operates BORN 1071?
- BORN 1071 is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is BORN 1071?
- BORN 1071 is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 266502.
- Is BORN 1071 still producing?
- BORN 1071 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BORN 1071 is August 2026.
- How much has BORN 1071 produced?
- BORN 1071 has reported 974,259 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2011 and August 2026, from 1 wellbore.
- How much is BORN 1071 worth?
- The remaining production from BORN 1071 is estimated to be worth about $520K in total as of 26 August 2026, within a range of $431K to $608K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BORN 1071 is a fraction of it. The estimate fits an Arps decline curve to the production BORN 1071 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BORN 1071 is an estimate of value, not an offer and not an appraisal.
- How much income does BORN 1071 generate in a year?
- BORN 1071 is forecast to net about $105K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BORN 1071 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Kiowa Creek (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 266502 |
| Wellbores | 1 |
| Reported production | 974,259 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $520K |
Where BORN 1071 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.