KOONCE GAS UNIT
KOONCE GAS UNIT is a Texas gas lease in Wharton County, Railroad Commission district 03, operated by National Onshore LP. It has 1 wellbore on file with the Commission. Reported production runs from April 2005 to August 2026, totalling 1,224,914 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 $119K, with roughly $24K 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 1,106 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 4,753 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 KOONCE GAS UNIT
- Who operates KOONCE GAS UNIT?
- KOONCE GAS UNIT is operated by National Onshore LP, Railroad Commission of Texas operator number 600642.
- Where is KOONCE GAS UNIT?
- KOONCE GAS UNIT is a Texas gas lease in Wharton County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 209742.
- Is KOONCE GAS UNIT still producing?
- KOONCE GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KOONCE GAS UNIT is August 2026.
- How much has KOONCE GAS UNIT produced?
- KOONCE GAS UNIT has reported 1,224,914 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2005 and August 2026, from 1 wellbore.
- How much is KOONCE GAS UNIT worth?
- The remaining production from KOONCE GAS UNIT is estimated to be worth about $119K in total as of 26 August 2026, within a range of $99K to $139K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KOONCE GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production KOONCE GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KOONCE GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does KOONCE GAS UNIT generate in a year?
- KOONCE GAS UNIT is forecast to net about $24K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KOONCE GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | National Onshore LP |
|---|---|
| Field | Bob Alexander (Massive Wilcox) |
| County | Wharton County, Texas |
| RRC district | 03 |
| Lease number | 209742 |
| Wellbores | 1 |
| Reported production | 1,224,914 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $119K |
Where KOONCE GAS 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.