NELLER GAS UNIT 1
NELLER GAS UNIT 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 October 2016 to August 2026, totalling 752,337 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 $641K, with roughly $163K 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 2,200 thousand cubic feet a month. Its strongest month on the record we hold was November 2016, at 114,605 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 NELLER GAS UNIT 1
- Who operates NELLER GAS UNIT 1?
- NELLER GAS UNIT 1 is operated by Statoil Texas Onshore Prop LLC, Railroad Commission of Texas operator number 816437.
- Where is NELLER GAS UNIT 1?
- NELLER GAS UNIT 1 is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 281532.
- Is NELLER GAS UNIT 1 still producing?
- NELLER GAS UNIT 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NELLER GAS UNIT 1 is August 2026.
- How much has NELLER GAS UNIT 1 produced?
- NELLER GAS UNIT 1 has reported 752,337 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2016 and August 2026, from 1 wellbore.
- How much is NELLER GAS UNIT 1 worth?
- The remaining production from NELLER GAS UNIT 1 is estimated to be worth about $641K in total as of 26 August 2026, within a range of $532K to $750K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NELLER GAS UNIT 1 is a fraction of it. The estimate fits an Arps decline curve to the production NELLER GAS UNIT 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NELLER GAS UNIT 1 is an estimate of value, not an offer and not an appraisal.
- How much income does NELLER GAS UNIT 1 generate in a year?
- NELLER GAS UNIT 1 is forecast to net about $163K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NELLER GAS UNIT 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Statoil Texas Onshore Prop LLC |
|---|---|
| Field | Sugarkane (Eagle Ford) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 281532 |
| Wellbores | 1 |
| Reported production | 752,337 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $641K |
Where NELLER GAS UNIT 1 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.