PHOENIX
PHOENIX 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 December 2008 to August 2026, totalling 3,649,557 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 $747K, with roughly $140K 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 6,144 thousand cubic feet a month. Its strongest month on the record we hold was May 2019, at 18,748 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 PHOENIX
- Who operates PHOENIX?
- PHOENIX is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is PHOENIX?
- PHOENIX is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 253760.
- Is PHOENIX still producing?
- PHOENIX is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PHOENIX is August 2026.
- How much has PHOENIX produced?
- PHOENIX has reported 3,649,557 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2008 and August 2026, from 1 wellbore.
- How much is PHOENIX worth?
- The remaining production from PHOENIX is estimated to be worth about $747K in total as of 26 August 2026, within a range of $620K to $874K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PHOENIX is a fraction of it. The estimate fits an Arps decline curve to the production PHOENIX has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PHOENIX is an estimate of value, not an offer and not an appraisal.
- How much income does PHOENIX generate in a year?
- PHOENIX is forecast to net about $140K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PHOENIX 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 | 253760 |
| Wellbores | 1 |
| Reported production | 3,649,557 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $747K |
Where PHOENIX 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.