DERRICK UNIT
DERRICK UNIT is a Texas gas lease in Washington County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from March 1994 to August 2026, totalling 1,581,229 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 $96K, with roughly $40K 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 986 thousand cubic feet a month. Its strongest month on the record we hold was January 2021, at 10,312 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 DERRICK UNIT
- Who operates DERRICK UNIT?
- DERRICK UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is DERRICK UNIT?
- DERRICK UNIT is a Texas gas lease in Washington County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 149219.
- Is DERRICK UNIT still producing?
- DERRICK UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DERRICK UNIT is August 2026.
- How much has DERRICK UNIT produced?
- DERRICK UNIT has reported 1,581,229 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 1994 and August 2026, from 1 wellbore.
- How much is DERRICK UNIT worth?
- The remaining production from DERRICK UNIT is estimated to be worth about $96K in total as of 27 August 2026, within a range of $75K to $117K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DERRICK UNIT is a fraction of it. The estimate fits an Arps decline curve to the production DERRICK UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DERRICK UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does DERRICK UNIT generate in a year?
- DERRICK UNIT is forecast to net about $40K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DERRICK UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Washington County, Texas |
| RRC district | 03 |
| Lease number | 149219 |
| Wellbores | 1 |
| Reported production | 1,581,229 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $96K |
Where DERRICK UNIT 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.