LUCK
LUCK 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 July 2008 to August 2026, totalling 1,469,749 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 $517K, with roughly $83K 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 3,801 thousand cubic feet a month. Its strongest month on the record we hold was March 2020, at 5,896 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 LUCK
- Who operates LUCK?
- LUCK is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is LUCK?
- LUCK is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 240885.
- Is LUCK still producing?
- LUCK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LUCK is August 2026.
- How much has LUCK produced?
- LUCK has reported 1,469,749 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2008 and August 2026, from 1 wellbore.
- How much is LUCK worth?
- The remaining production from LUCK is estimated to be worth about $517K in total as of 26 August 2026, within a range of $429K to $605K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LUCK is a fraction of it. The estimate fits an Arps decline curve to the production LUCK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LUCK is an estimate of value, not an offer and not an appraisal.
- How much income does LUCK generate in a year?
- LUCK is forecast to net about $83K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LUCK 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 | 240885 |
| Wellbores | 1 |
| Reported production | 1,469,749 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $517K |
Where LUCK 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.