NEINAST UNIT
NEINAST UNIT is a Texas gas lease in Washington County, Railroad Commission district 03, operated by Shield Petroleum. It has 1 wellbore on file with the Commission. Reported production runs from February 1997 to August 2026, totalling 1,329,171 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 $181K, with roughly $27K 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 1,459 thousand cubic feet a month. Its strongest month on the record we hold was April 2018, at 3,435 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 NEINAST UNIT
- Who operates NEINAST UNIT?
- NEINAST UNIT is operated by Shield Petroleum, Railroad Commission of Texas operator number 777007.
- Where is NEINAST UNIT?
- NEINAST UNIT is a Texas gas lease in Washington County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 167543.
- Is NEINAST UNIT still producing?
- NEINAST UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEINAST UNIT is August 2026.
- How much has NEINAST UNIT produced?
- NEINAST UNIT has reported 1,329,171 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 1997 and August 2026, from 1 wellbore.
- How much is NEINAST UNIT worth?
- The remaining production from NEINAST UNIT is estimated to be worth about $181K in total as of 27 August 2026, within a range of $150K to $211K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEINAST UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NEINAST UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEINAST UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NEINAST UNIT generate in a year?
- NEINAST UNIT is forecast to net about $27K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NEINAST UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Shield Petroleum |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Washington County, Texas |
| RRC district | 03 |
| Lease number | 167543 |
| Wellbores | 1 |
| Reported production | 1,329,171 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $181K |
Where NEINAST 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.