DAY
DAY is a Texas gas lease in Tarrant County, Railroad Commission district 09, operated by Chief Oil & Gas LLC *. It has 1 wellbore on file with the Commission. Reported production runs from April 2003 to August 2026, totalling 925,715 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 $48K, with roughly $12K 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 692 thousand cubic feet a month. Its strongest month on the record we hold was April 2018, at 1,547 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 DAY
- Who operates DAY?
- DAY is operated by Chief Oil & Gas LLC *, Railroad Commission of Texas operator number 148219.
- Where is DAY?
- DAY is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 194803.
- Is DAY still producing?
- DAY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DAY is August 2026.
- How much has DAY produced?
- DAY has reported 925,715 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2003 and August 2026, from 1 wellbore.
- How much is DAY worth?
- The remaining production from DAY is estimated to be worth about $48K in total as of 26 August 2026, within a range of $37K to $58K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DAY is a fraction of it. The estimate fits an Arps decline curve to the production DAY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DAY is an estimate of value, not an offer and not an appraisal.
- How much income does DAY generate in a year?
- DAY is forecast to net about $12K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DAY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chief Oil & Gas LLC * |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Tarrant County, Texas |
| RRC district | 09 |
| Lease number | 194803 |
| Wellbores | 1 |
| Reported production | 925,715 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $48K |
Where DAY 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.