CHESTER
CHESTER is a Texas gas lease in Walker County, Railroad Commission district 03, operated by SM Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2015 to August 2026, totalling 910,603 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 $828K, with roughly $139K 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 4,420 thousand cubic feet a month. Its strongest month on the record we hold was November 2021, at 12,541 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 CHESTER
- Who operates CHESTER?
- CHESTER is operated by SM Energy Company, Railroad Commission of Texas operator number 788997.
- Where is CHESTER?
- CHESTER is a Texas gas lease in Walker County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 281693.
- Is CHESTER still producing?
- CHESTER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHESTER is August 2026.
- How much has CHESTER produced?
- CHESTER has reported 910,603 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2015 and August 2026, from 1 wellbore.
- How much is CHESTER worth?
- The remaining production from CHESTER is estimated to be worth about $828K in total as of 26 August 2026, within a range of $687K to $968K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHESTER is a fraction of it. The estimate fits an Arps decline curve to the production CHESTER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHESTER is an estimate of value, not an offer and not an appraisal.
- How much income does CHESTER generate in a year?
- CHESTER is forecast to net about $139K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHESTER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | SM Energy Company |
|---|---|
| Field | Deep Pines West (Woodbine) |
| County | Walker County, Texas |
| RRC district | 03 |
| Lease number | 281693 |
| Wellbores | 1 |
| Reported production | 910,603 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $828K |
Where CHESTER 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.