RHODES, V.E. GAS UNIT NO. 1

RHODES, V.E. GAS UNIT NO. 1 is a Texas gas lease in Lavaca County, Railroad Commission district 02, operated by Mobil Producing TX. & N.M. Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1996 to August 2026, totalling 6,772,743 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 $1.8M, with roughly $324K 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 6,701 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 12,144 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 RHODES, V.E. GAS UNIT NO. 1

Who operates RHODES, V.E. GAS UNIT NO. 1?: RHODES, V.E. GAS UNIT NO. 1 is operated by Mobil Producing TX. & N.M. Inc., Railroad Commission of Texas operator number 572550.
Where is RHODES, V.E. GAS UNIT NO. 1?: RHODES, V.E. GAS UNIT NO. 1 is a Texas gas lease in Lavaca County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 157793.
Is RHODES, V.E. GAS UNIT NO. 1 still producing?: RHODES, V.E. GAS UNIT NO. 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RHODES, V.E. GAS UNIT NO. 1 is August 2026.
How much has RHODES, V.E. GAS UNIT NO. 1 produced?: RHODES, V.E. GAS UNIT NO. 1 has reported 6,772,743 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1996 and August 2026, from 1 wellbore.
How much is RHODES, V.E. GAS UNIT NO. 1 worth?: The remaining production from RHODES, V.E. GAS UNIT NO. 1 is estimated to be worth about $1.8M in total as of 27 August 2026, within a range of $1.5M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RHODES, V.E. GAS UNIT NO. 1 is a fraction of it. The estimate fits an Arps decline curve to the production RHODES, V.E. GAS UNIT NO. 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RHODES, V.E. GAS UNIT NO. 1 is an estimate of value, not an offer and not an appraisal.
How much income does RHODES, V.E. GAS UNIT NO. 1 generate in a year?: RHODES, V.E. GAS UNIT NO. 1 is forecast to net about $324K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RHODES, V.E. GAS UNIT NO. 1 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

RHODES, V.E. GAS UNIT NO. 1 as filed with the Railroad Commission of Texas
Operator	Mobil Producing TX. & N.M. Inc.
Field	Word, N. (Edwards)
County	Lavaca County, Texas
RRC district	02
Lease number	157793
Wellbores	1
Reported production	6,772,743 mcf
First reported	January 1996
Last reported	August 2026
Estimated royalty value	$1.8M

Where RHODES, V.E. GAS UNIT NO. 1 sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.