CHAPEL HILL
CHAPEL HILL is a Texas gas lease in Tarrant County, Railroad Commission district 09, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from February 2008 to August 2026, totalling 2,246,931 thousand cubic feet. The lease is intermittent. 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 $32K, with roughly $9K 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 590 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 13,172 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 CHAPEL HILL
- Who operates CHAPEL HILL?
- CHAPEL HILL is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is CHAPEL HILL?
- CHAPEL HILL is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 238439.
- Is CHAPEL HILL still producing?
- CHAPEL HILL is intermittent. The most recent month of production reported to the Railroad Commission of Texas for CHAPEL HILL is August 2026.
- How much has CHAPEL HILL produced?
- CHAPEL HILL has reported 2,246,931 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2008 and August 2026, from 1 wellbore.
- How much is CHAPEL HILL worth?
- The remaining production from CHAPEL HILL is estimated to be worth about $32K in total as of 27 August 2026, within a range of $25K to $40K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHAPEL HILL is a fraction of it. The estimate fits an Arps decline curve to the production CHAPEL HILL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHAPEL HILL is an estimate of value, not an offer and not an appraisal.
- How much income does CHAPEL HILL generate in a year?
- CHAPEL HILL is forecast to net about $9K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHAPEL HILL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Tarrant County, Texas |
| RRC district | 09 |
| Lease number | 238439 |
| Wellbores | 1 |
| Reported production | 2,246,931 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $32K |
Where CHAPEL HILL 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.