GUS TIPS-RUNGE 1
GUS TIPS-RUNGE 1 is a Texas gas lease in Karnes County, Railroad Commission district 02, operated by Statoil Texas Onshore Prop Llc. It has 1 wellbore on file with the Commission. Reported production runs from August 2016 to August 2026, totalling 1,288,936 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 a standard royalty share at about $21K, with roughly $4K expected over the next twelve months.
| Operator | Statoil Texas Onshore Prop Llc |
|---|---|
| Field | Sugarkane (Eagle Ford) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 281276 |
| Wellbores | 1 |
| Reported production | 1,288,936 mcf |
| First reported | August 2016 |
| Last reported | August 2026 |
| Estimated royalty value | $21K |
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.