LOTT 17
LOTT 17 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 March 2011 to August 2026, totalling 2,442,535 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 $1.3M, with roughly $247K 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 4,404 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 11,642 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 LOTT 17
- Who operates LOTT 17?
- LOTT 17 is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is LOTT 17?
- LOTT 17 is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 262148.
- Is LOTT 17 still producing?
- LOTT 17 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOTT 17 is August 2026.
- How much has LOTT 17 produced?
- LOTT 17 has reported 2,442,535 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2011 and August 2026, from 1 wellbore.
- How much is LOTT 17 worth?
- The remaining production from LOTT 17 is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $1.1M to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOTT 17 is a fraction of it. The estimate fits an Arps decline curve to the production LOTT 17 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOTT 17 is an estimate of value, not an offer and not an appraisal.
- How much income does LOTT 17 generate in a year?
- LOTT 17 is forecast to net about $247K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOTT 17 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Lott Ranch (Granite Wash Cons.) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 262148 |
| Wellbores | 1 |
| Reported production | 2,442,535 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where LOTT 17 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.