LEGG 6
LEGG 6 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 June 2008 to August 2026, totalling 1,014,524 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 $3K, with roughly $3K 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 437 thousand cubic feet a month. Its strongest month on the record we hold was January 2025, at 2,513 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 LEGG 6
- Who operates LEGG 6?
- LEGG 6 is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is LEGG 6?
- LEGG 6 is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 239596.
- Is LEGG 6 still producing?
- LEGG 6 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEGG 6 is August 2026.
- How much has LEGG 6 produced?
- LEGG 6 has reported 1,014,524 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2008 and August 2026, from 1 wellbore.
- How much is LEGG 6 worth?
- The remaining production from LEGG 6 is estimated to be worth about $3K in total as of 26 August 2026, within a range of $2K to $4K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEGG 6 is a fraction of it. The estimate fits an Arps decline curve to the production LEGG 6 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEGG 6 is an estimate of value, not an offer and not an appraisal.
- How much income does LEGG 6 generate in a year?
- LEGG 6 is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LEGG 6 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Allison-Britt (12350) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 239596 |
| Wellbores | 1 |
| Reported production | 1,014,524 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where LEGG 6 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.