LEGACY UNIT
LEGACY 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 September 1996 to August 2026, totalling 14,459,403 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 $2.1M, with roughly $322K 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 13,558 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 40,228 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 LEGACY UNIT
- Who operates LEGACY UNIT?
- LEGACY UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is LEGACY UNIT?
- LEGACY UNIT is a Texas gas lease in Washington County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 160135.
- Is LEGACY UNIT still producing?
- LEGACY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEGACY UNIT is August 2026.
- How much has LEGACY UNIT produced?
- LEGACY UNIT has reported 14,459,403 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 1996 and August 2026, from 1 wellbore.
- How much is LEGACY UNIT worth?
- The remaining production from LEGACY UNIT is estimated to be worth about $2.1M in total as of 26 August 2026, within a range of $1.7M to $2.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEGACY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LEGACY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEGACY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LEGACY UNIT generate in a year?
- LEGACY UNIT is forecast to net about $322K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LEGACY 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 | 160135 |
| Wellbores | 1 |
| Reported production | 14,459,403 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.1M |
Where LEGACY 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.