NUGENT
NUGENT 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 November 2010 to August 2026, totalling 4,345,703 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 $3.1M, with roughly $506K 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 22,967 thousand cubic feet a month. Its strongest month on the record we hold was May 2023, at 50,378 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 NUGENT
- Who operates NUGENT?
- NUGENT is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is NUGENT?
- NUGENT is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 259201.
- Is NUGENT still producing?
- NUGENT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NUGENT is August 2026.
- How much has NUGENT produced?
- NUGENT has reported 4,345,703 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2010 and August 2026, from 1 wellbore.
- How much is NUGENT worth?
- The remaining production from NUGENT is estimated to be worth about $3.1M in total as of 27 August 2026, within a range of $2.5M to $3.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NUGENT is a fraction of it. The estimate fits an Arps decline curve to the production NUGENT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NUGENT is an estimate of value, not an offer and not an appraisal.
- How much income does NUGENT generate in a year?
- NUGENT is forecast to net about $506K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NUGENT 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 | 259201 |
| Wellbores | 1 |
| Reported production | 4,345,703 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.1M |
Where NUGENT 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.