HOUSTON SHIP CHANNEL UNIT
HOUSTON SHIP CHANNEL UNIT is a Texas gas lease in Harris County, Railroad Commission district 03, operated by Ballard Exploration Company,Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2002 to August 2026, totalling 27,887,933 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 $4.1M, with roughly $929K 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 33,897 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 78,717 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 HOUSTON SHIP CHANNEL UNIT
- Who operates HOUSTON SHIP CHANNEL UNIT?
- HOUSTON SHIP CHANNEL UNIT is operated by Ballard Exploration Company,Inc., Railroad Commission of Texas operator number 048169.
- Where is HOUSTON SHIP CHANNEL UNIT?
- HOUSTON SHIP CHANNEL UNIT is a Texas gas lease in Harris County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 192683.
- Is HOUSTON SHIP CHANNEL UNIT still producing?
- HOUSTON SHIP CHANNEL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOUSTON SHIP CHANNEL UNIT is August 2026.
- How much has HOUSTON SHIP CHANNEL UNIT produced?
- HOUSTON SHIP CHANNEL UNIT has reported 27,887,933 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2002 and August 2026, from 1 wellbore.
- How much is HOUSTON SHIP CHANNEL UNIT worth?
- The remaining production from HOUSTON SHIP CHANNEL UNIT is estimated to be worth about $4.1M in total as of 27 August 2026, within a range of $3.4M to $4.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOUSTON SHIP CHANNEL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HOUSTON SHIP CHANNEL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOUSTON SHIP CHANNEL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HOUSTON SHIP CHANNEL UNIT generate in a year?
- HOUSTON SHIP CHANNEL UNIT is forecast to net about $929K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HOUSTON SHIP CHANNEL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ballard Exploration Company,Inc. |
|---|---|
| Field | Yellow Rose (Yegua Y-2) |
| County | Harris County, Texas |
| RRC district | 03 |
| Lease number | 192683 |
| Wellbores | 1 |
| Reported production | 27,887,933 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.1M |
Where HOUSTON SHIP CHANNEL 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.