INDUS NORTH
INDUS NORTH 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 September 2009 to August 2026, totalling 1,961,273 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 $642K, with roughly $99K 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 4,186 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 9,674 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 INDUS NORTH
- Who operates INDUS NORTH?
- INDUS NORTH is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is INDUS NORTH?
- INDUS NORTH is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 254001.
- Is INDUS NORTH still producing?
- INDUS NORTH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for INDUS NORTH is August 2026.
- How much has INDUS NORTH produced?
- INDUS NORTH has reported 1,961,273 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2009 and August 2026, from 1 wellbore.
- How much is INDUS NORTH worth?
- The remaining production from INDUS NORTH is estimated to be worth about $642K in total as of 27 August 2026, within a range of $532K to $751K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in INDUS NORTH is a fraction of it. The estimate fits an Arps decline curve to the production INDUS NORTH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for INDUS NORTH is an estimate of value, not an offer and not an appraisal.
- How much income does INDUS NORTH generate in a year?
- INDUS NORTH is forecast to net about $99K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in INDUS NORTH 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 | 254001 |
| Wellbores | 1 |
| Reported production | 1,961,273 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $642K |
Where INDUS NORTH 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.