GLEN GARDEN UNIT
GLEN GARDEN UNIT is a Texas gas lease in Tarrant County, Railroad Commission district 09, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2008 to August 2026, totalling 1,847,765 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 $530K, with roughly $80K 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 3,431 thousand cubic feet a month. Its strongest month on the record we hold was November 2016, at 8,681 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 GLEN GARDEN UNIT
- Who operates GLEN GARDEN UNIT?
- GLEN GARDEN UNIT is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is GLEN GARDEN UNIT?
- GLEN GARDEN UNIT is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 247024.
- Is GLEN GARDEN UNIT still producing?
- GLEN GARDEN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GLEN GARDEN UNIT is August 2026.
- How much has GLEN GARDEN UNIT produced?
- GLEN GARDEN UNIT has reported 1,847,765 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2008 and August 2026, from 1 wellbore.
- How much is GLEN GARDEN UNIT worth?
- The remaining production from GLEN GARDEN UNIT is estimated to be worth about $530K in total as of 27 August 2026, within a range of $440K to $620K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GLEN GARDEN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GLEN GARDEN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GLEN GARDEN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GLEN GARDEN UNIT generate in a year?
- GLEN GARDEN UNIT is forecast to net about $80K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GLEN GARDEN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Tarrant County, Texas |
| RRC district | 09 |
| Lease number | 247024 |
| Wellbores | 1 |
| Reported production | 1,847,765 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $530K |
Where GLEN GARDEN UNIT 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.