KGFU 1
KGFU 1 is a Texas gas lease in Waller County, Railroad Commission district 03, operated by Exxon Mobil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from October 2000 to August 2026, totalling 1,169,721 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 $32K, with roughly $7K 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 218 thousand cubic feet a month. Its strongest month on the record we hold was September 2016, at 5,362 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 KGFU 1
- Who operates KGFU 1?
- KGFU 1 is operated by Exxon Mobil Corporation, Railroad Commission of Texas operator number 257128.
- Where is KGFU 1?
- KGFU 1 is a Texas gas lease in Waller County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 180598.
- Is KGFU 1 still producing?
- KGFU 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KGFU 1 is August 2026.
- How much has KGFU 1 produced?
- KGFU 1 has reported 1,169,721 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2000 and August 2026, from 1 wellbore.
- How much is KGFU 1 worth?
- The remaining production from KGFU 1 is estimated to be worth about $32K in total as of 27 August 2026, within a range of $25K to $38K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KGFU 1 is a fraction of it. The estimate fits an Arps decline curve to the production KGFU 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KGFU 1 is an estimate of value, not an offer and not an appraisal.
- How much income does KGFU 1 generate in a year?
- KGFU 1 is forecast to net about $7K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in KGFU 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exxon Mobil Corporation |
|---|---|
| Field | Katy (First Wilcox) |
| County | Waller County, Texas |
| RRC district | 03 |
| Lease number | 180598 |
| Wellbores | 1 |
| Reported production | 1,169,721 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $32K |
Where KGFU 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.