CHENNAULT 57
CHENNAULT 57 is a Texas oil lease in Potter County, Railroad Commission district 10, operated by Le Norman Operating LLC. It has 2 wellbores on file with the Commission. Reported production runs from September 2017 to August 2026, totalling 313,112 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 $667K, with roughly $89K 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 17 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was November 2017, at 28,156 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 CHENNAULT 57
- Who operates CHENNAULT 57?
- CHENNAULT 57 is operated by Le Norman Operating LLC, Railroad Commission of Texas operator number 491579.
- Where is CHENNAULT 57?
- CHENNAULT 57 is a Texas oil lease in Potter County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09630.
- Is CHENNAULT 57 still producing?
- CHENNAULT 57 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHENNAULT 57 is August 2026.
- How much has CHENNAULT 57 produced?
- CHENNAULT 57 has reported 313,112 barrels of oil (bbl) to the Railroad Commission of Texas between September 2017 and August 2026, from 2 wellbores.
- How much is CHENNAULT 57 worth?
- The remaining production from CHENNAULT 57 is estimated to be worth about $667K in total as of 27 August 2026, within a range of $367K to $967K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHENNAULT 57 is a fraction of it. The estimate fits an Arps decline curve to the production CHENNAULT 57 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHENNAULT 57 is an estimate of value, not an offer and not an appraisal.
- How much income does CHENNAULT 57 generate in a year?
- CHENNAULT 57 is forecast to net about $89K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHENNAULT 57 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Le Norman Operating LLC |
|---|---|
| Field | Bivins Lit (Canyon Lime) |
| County | Potter County, Texas |
| RRC district | 10 |
| Lease number | 09630 |
| Wellbores | 2 |
| Reported production | 313,112 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $667K |
Where CHENNAULT 57 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.