FLYING T-5 RANCH 294 LIP

FLYING T-5 RANCH 294 LIP 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 July 2012 to August 2026, totalling 387,696 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 $626K, with roughly $147K 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 793 thousand cubic feet a month. Its strongest month on the record we hold was January 2017, at 5,496 thousand cubic feet. 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 FLYING T-5 RANCH 294 LIP

Who operates FLYING T-5 RANCH 294 LIP?: FLYING T-5 RANCH 294 LIP is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
Where is FLYING T-5 RANCH 294 LIP?: FLYING T-5 RANCH 294 LIP is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 269367.
Is FLYING T-5 RANCH 294 LIP still producing?: FLYING T-5 RANCH 294 LIP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FLYING T-5 RANCH 294 LIP is August 2026.
How much has FLYING T-5 RANCH 294 LIP produced?: FLYING T-5 RANCH 294 LIP has reported 387,696 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2012 and August 2026, from 1 wellbore.
How much is FLYING T-5 RANCH 294 LIP worth?: The remaining production from FLYING T-5 RANCH 294 LIP is estimated to be worth about $626K in total as of 27 August 2026, within a range of $489K to $764K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FLYING T-5 RANCH 294 LIP is a fraction of it. The estimate fits an Arps decline curve to the production FLYING T-5 RANCH 294 LIP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FLYING T-5 RANCH 294 LIP is an estimate of value, not an offer and not an appraisal.
How much income does FLYING T-5 RANCH 294 LIP generate in a year?: FLYING T-5 RANCH 294 LIP is forecast to net about $147K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FLYING T-5 RANCH 294 LIP receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

FLYING T-5 RANCH 294 LIP as filed with the Railroad Commission of Texas
Operator	Chesapeake Operating, Inc.
Field	Pan Petro (Marmaton)
County	Lipscomb County, Texas
RRC district	10
Lease number	269367
Wellbores	1
Reported production	387,696 mcf
First reported	July 2012
Last reported	August 2026
Estimated royalty value	$626K

Where FLYING T-5 RANCH 294 LIP sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.