THORPE 1-74 LOV
THORPE 1-74 LOV is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Chesapeake Operating, Inc. It has 4 wellbores on file with the Commission. Reported production runs from December 2011 to August 2026, totalling 744,569 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 $3.3M, with roughly $727K 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 1,438 barrels a month, about 359 per wellbore. Its strongest month on the record we hold was October 2016, at 6,977 barrels. 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 THORPE 1-74 LOV
- Who operates THORPE 1-74 LOV?
- THORPE 1-74 LOV is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is THORPE 1-74 LOV?
- THORPE 1-74 LOV is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42337.
- Is THORPE 1-74 LOV still producing?
- THORPE 1-74 LOV is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THORPE 1-74 LOV is August 2026.
- How much has THORPE 1-74 LOV produced?
- THORPE 1-74 LOV has reported 744,569 barrels of oil (bbl) to the Railroad Commission of Texas between December 2011 and August 2026, from 4 wellbores.
- How much is THORPE 1-74 LOV worth?
- The remaining production from THORPE 1-74 LOV is estimated to be worth about $3.3M in total as of 27 August 2026, within a range of $2.8M to $3.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THORPE 1-74 LOV is a fraction of it. The estimate fits an Arps decline curve to the production THORPE 1-74 LOV has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THORPE 1-74 LOV is an estimate of value, not an offer and not an appraisal.
- How much income does THORPE 1-74 LOV generate in a year?
- THORPE 1-74 LOV is forecast to net about $727K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in THORPE 1-74 LOV receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Moore-Hooper (Wlfcmp\Penn Cons) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 42337 |
| Wellbores | 4 |
| Reported production | 744,569 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.3M |
Where THORPE 1-74 LOV 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.