LEDBETTER 66
LEDBETTER 66 is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2012 to August 2026, totalling 3,635,469 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 $921K, with roughly $230K 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 8,648 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 28,170 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 LEDBETTER 66
- Who operates LEDBETTER 66?
- LEDBETTER 66 is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is LEDBETTER 66?
- LEDBETTER 66 is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 268035.
- Is LEDBETTER 66 still producing?
- LEDBETTER 66 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEDBETTER 66 is August 2026.
- How much has LEDBETTER 66 produced?
- LEDBETTER 66 has reported 3,635,469 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2012 and August 2026, from 1 wellbore.
- How much is LEDBETTER 66 worth?
- The remaining production from LEDBETTER 66 is estimated to be worth about $921K in total as of 26 August 2026, within a range of $764K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEDBETTER 66 is a fraction of it. The estimate fits an Arps decline curve to the production LEDBETTER 66 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEDBETTER 66 is an estimate of value, not an offer and not an appraisal.
- How much income does LEDBETTER 66 generate in a year?
- LEDBETTER 66 is forecast to net about $230K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LEDBETTER 66 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Stiles Ranch (Granite Wash Cons) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 268035 |
| Wellbores | 1 |
| Reported production | 3,635,469 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $921K |
Where LEDBETTER 66 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.