GM
GM 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 February 2011 to August 2026, totalling 1,064,192 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 $346K, with roughly $70K 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 1,601 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 10,810 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 GM
- Who operates GM?
- GM is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is GM?
- GM is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 259847.
- Is GM still producing?
- GM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GM is August 2026.
- How much has GM produced?
- GM has reported 1,064,192 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2011 and August 2026, from 1 wellbore.
- How much is GM worth?
- The remaining production from GM is estimated to be worth about $346K in total as of 26 August 2026, within a range of $287K to $404K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GM is a fraction of it. The estimate fits an Arps decline curve to the production GM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GM is an estimate of value, not an offer and not an appraisal.
- How much income does GM generate in a year?
- GM is forecast to net about $70K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GM 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 | 259847 |
| Wellbores | 1 |
| Reported production | 1,064,192 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $346K |
Where GM 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.