SNAVELY GAS UNIT 5
SNAVELY GAS UNIT 5 is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2008 to August 2026, totalling 1,083,880 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 $214K, with roughly $32K 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 1,688 thousand cubic feet a month. Its strongest month on the record we hold was November 2018, at 4,230 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 SNAVELY GAS UNIT 5
- Who operates SNAVELY GAS UNIT 5?
- SNAVELY GAS UNIT 5 is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is SNAVELY GAS UNIT 5?
- SNAVELY GAS UNIT 5 is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 242842.
- Is SNAVELY GAS UNIT 5 still producing?
- SNAVELY GAS UNIT 5 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SNAVELY GAS UNIT 5 is August 2026.
- How much has SNAVELY GAS UNIT 5 produced?
- SNAVELY GAS UNIT 5 has reported 1,083,880 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2008 and August 2026, from 1 wellbore.
- How much is SNAVELY GAS UNIT 5 worth?
- The remaining production from SNAVELY GAS UNIT 5 is estimated to be worth about $214K in total as of 27 August 2026, within a range of $178K to $250K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SNAVELY GAS UNIT 5 is a fraction of it. The estimate fits an Arps decline curve to the production SNAVELY GAS UNIT 5 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SNAVELY GAS UNIT 5 is an estimate of value, not an offer and not an appraisal.
- How much income does SNAVELY GAS UNIT 5 generate in a year?
- SNAVELY GAS UNIT 5 is forecast to net about $32K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SNAVELY GAS UNIT 5 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Exsun (Lobo Cons.) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 242842 |
| Wellbores | 1 |
| Reported production | 1,083,880 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $214K |
Where SNAVELY GAS UNIT 5 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.