KANKEL

KANKEL is a Texas gas lease in Washington County, Railroad Commission district 03, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 1995 to August 2026, totalling 5,964,367 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 $13K, with roughly $2K 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 54 thousand cubic feet a month. Its strongest month on the record we hold was August 2018, at 10,152 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 KANKEL

Who operates KANKEL?
KANKEL is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
Where is KANKEL?
KANKEL is a Texas gas lease in Washington County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 154484.
Is KANKEL still producing?
KANKEL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KANKEL is August 2026.
How much has KANKEL produced?
KANKEL has reported 5,964,367 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 1995 and August 2026, from 1 wellbore.
How much is KANKEL worth?
The remaining production from KANKEL is estimated to be worth about $13K in total as of 27 August 2026, within a range of $7K to $20K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KANKEL is a fraction of it. The estimate fits an Arps decline curve to the production KANKEL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KANKEL is an estimate of value, not an offer and not an appraisal.
How much income does KANKEL generate in a year?
KANKEL is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KANKEL receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

KANKEL as filed with the Railroad Commission of Texas
OperatorChesapeake Operating, Inc.
FieldGiddings (Austin Chalk, Gas)
CountyWashington County, Texas
RRC district03
Lease number154484
Wellbores1
Reported production5,964,367 mcf
First reported
Last reported
Estimated royalty value$13K

Where KANKEL 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.