COUNTISS PS4
COUNTISS PS4 is a Texas oil lease in Mcmullen County, Railroad Commission district 01, operated by Chesapeake Operating, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from January 2017 to August 2026, totalling 295,431 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 $1.6M, with roughly $549K 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 767 barrels a month. Its strongest month on the record we hold was February 2017, at 29,731 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 COUNTISS PS4
- Who operates COUNTISS PS4?
- COUNTISS PS4 is operated by Chesapeake Operating, L.L.C., Railroad Commission of Texas operator number 147699.
- Where is COUNTISS PS4?
- COUNTISS PS4 is a Texas oil lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18940.
- Is COUNTISS PS4 still producing?
- COUNTISS PS4 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COUNTISS PS4 is August 2026.
- How much has COUNTISS PS4 produced?
- COUNTISS PS4 has reported 295,431 barrels of oil (bbl) to the Railroad Commission of Texas between January 2017 and August 2026, from 1 wellbore.
- How much is COUNTISS PS4 worth?
- The remaining production from COUNTISS PS4 is estimated to be worth about $1.6M in total as of 26 August 2026, within a range of $1.3M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COUNTISS PS4 is a fraction of it. The estimate fits an Arps decline curve to the production COUNTISS PS4 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COUNTISS PS4 is an estimate of value, not an offer and not an appraisal.
- How much income does COUNTISS PS4 generate in a year?
- COUNTISS PS4 is forecast to net about $549K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COUNTISS PS4 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, L.L.C. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Mcmullen County, Texas |
| RRC district | 01 |
| Lease number | 18940 |
| Wellbores | 1 |
| Reported production | 295,431 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where COUNTISS PS4 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.