CHOUT
CHOUT is a Texas gas lease in Upshur County, Railroad Commission district 06, operated by Medicine Bow Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from October 2004 to August 2026, totalling 1,131,534 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 $35K, with roughly $5K 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 228 thousand cubic feet a month. Its strongest month on the record we hold was July 2022, at 4,648 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 CHOUT
- Who operates CHOUT?
- CHOUT is operated by Medicine Bow Operating Company, Railroad Commission of Texas operator number 558767.
- Where is CHOUT?
- CHOUT is a Texas gas lease in Upshur County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 205282.
- Is CHOUT still producing?
- CHOUT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHOUT is August 2026.
- How much has CHOUT produced?
- CHOUT has reported 1,131,534 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2004 and August 2026, from 1 wellbore.
- How much is CHOUT worth?
- The remaining production from CHOUT is estimated to be worth about $35K in total as of 27 August 2026, within a range of $27K to $43K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHOUT is a fraction of it. The estimate fits an Arps decline curve to the production CHOUT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHOUT is an estimate of value, not an offer and not an appraisal.
- How much income does CHOUT generate in a year?
- CHOUT is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHOUT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Medicine Bow Operating Company |
|---|---|
| Field | Mings Chapel (Cotton Valley LM) |
| County | Upshur County, Texas |
| RRC district | 06 |
| Lease number | 205282 |
| Wellbores | 1 |
| Reported production | 1,131,534 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $35K |
Where CHOUT 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.