What are the reasonable production estimates

Different ball game. The minerals mentioned in this thread would trade for 3500-4500/NMA, where minerals near regulatory in Leon/ Freestone can and do fetch 7-10x that number. Largely because the well density is much higher in W HV compared to a projected density of 2 wells in the “Cherokee” shale as it stands. Aka you can drill more wells per DSU in W HV/ Bossier than you can in what they are calling the Cherokee in W OK.

You can prob just plug some of these factors into Chatgpt and it will give you an estimate that will be accurate as any napkin math we’re talking about without referencing specific offsetting wells.