CHITTIM
CHITTIM is a Texas gas lease in Maverick County, Railroad Commission district 01, operated by Osborne Oil Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 435,858 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 $75K, with roughly $11K 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 503 thousand cubic feet a month. Its strongest month on the record we hold was November 2017, at 1,655 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 CHITTIM
- Who operates CHITTIM?
- CHITTIM is operated by Osborne Oil Co., Railroad Commission of Texas operator number 627860.
- Where is CHITTIM?
- CHITTIM is a Texas gas lease in Maverick County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 000128.
- Is CHITTIM still producing?
- CHITTIM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHITTIM is August 2026.
- How much has CHITTIM produced?
- CHITTIM has reported 435,858 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CHITTIM worth?
- The remaining production from CHITTIM is estimated to be worth about $75K in total as of 26 August 2026, within a range of $58K to $91K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHITTIM is a fraction of it. The estimate fits an Arps decline curve to the production CHITTIM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHITTIM is an estimate of value, not an offer and not an appraisal.
- How much income does CHITTIM generate in a year?
- CHITTIM is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHITTIM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Osborne Oil Co. |
|---|---|
| Field | Chittim (5600) |
| County | Maverick County, Texas |
| RRC district | 01 |
| Lease number | 000128 |
| Wellbores | 1 |
| Reported production | 435,858 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $75K |
Where CHITTIM 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.