DUKE

DUKE is a Texas gas lease in Shelby County, Railroad Commission district 06, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2010 to August 2026, totalling 1,452,470 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 $63K, with roughly $19K 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 1,323 thousand cubic feet a month. Its strongest month on the record we hold was July 2018, at 7,515 thousand cubic feet. 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 DUKE

Who operates DUKE?
DUKE is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
Where is DUKE?
DUKE is a Texas gas lease in Shelby County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 258427.
Is DUKE still producing?
DUKE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DUKE is August 2026.
How much has DUKE produced?
DUKE has reported 1,452,470 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2010 and August 2026, from 1 wellbore.
How much is DUKE worth?
The remaining production from DUKE is estimated to be worth about $63K in total as of 27 August 2026, within a range of $52K to $74K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DUKE is a fraction of it. The estimate fits an Arps decline curve to the production DUKE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DUKE is an estimate of value, not an offer and not an appraisal.
How much income does DUKE generate in a year?
DUKE is forecast to net about $19K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DUKE receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

DUKE as filed with the Railroad Commission of Texas
OperatorChesapeake Operating, Inc.
FieldCarthage (Haynesville Shale)
CountyShelby County, Texas
RRC district06
Lease number258427
Wellbores1
Reported production1,452,470 mcf
First reported
Last reported
Estimated royalty value$63K

Where DUKE 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.