MADELINE
MADELINE is a Texas gas lease in Washington County, Railroad Commission district 03, operated by Chesapeake Operating, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from July 2018 to August 2026, totalling 5,777,216 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 $4.8M, with roughly $835K 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 24,788 thousand cubic feet a month. Its strongest month on the record we hold was September 2018, at 290,126 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 MADELINE
- Who operates MADELINE?
- MADELINE is operated by Chesapeake Operating, L.L.C., Railroad Commission of Texas operator number 147699.
- Where is MADELINE?
- MADELINE is a Texas gas lease in Washington County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 288420.
- Is MADELINE still producing?
- MADELINE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MADELINE is August 2026.
- How much has MADELINE produced?
- MADELINE has reported 5,777,216 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2018 and August 2026, from 1 wellbore.
- How much is MADELINE worth?
- The remaining production from MADELINE is estimated to be worth about $4.8M in total as of 27 August 2026, within a range of $3.9M to $5.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MADELINE is a fraction of it. The estimate fits an Arps decline curve to the production MADELINE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MADELINE is an estimate of value, not an offer and not an appraisal.
- How much income does MADELINE generate in a year?
- MADELINE is forecast to net about $835K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MADELINE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, L.L.C. |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Washington County, Texas |
| RRC district | 03 |
| Lease number | 288420 |
| Wellbores | 1 |
| Reported production | 5,777,216 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.8M |
Where MADELINE 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.