GUM UNIT
GUM UNIT is a Texas gas lease in Fayette County, Railroad Commission district 03, operated by Geosouthern Operating II, LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2022 to August 2026, totalling 2,788,941 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 $3.0M, with roughly $775K 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 21,023 thousand cubic feet a month. Its strongest month on the record we hold was June 2022, at 207,572 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 GUM UNIT
- Who operates GUM UNIT?
- GUM UNIT is operated by Geosouthern Operating II, LLC, Railroad Commission of Texas operator number 301273.
- Where is GUM UNIT?
- GUM UNIT is a Texas gas lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 293243.
- Is GUM UNIT still producing?
- GUM UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GUM UNIT is August 2026.
- How much has GUM UNIT produced?
- GUM UNIT has reported 2,788,941 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2022 and August 2026, from 1 wellbore.
- How much is GUM UNIT worth?
- The remaining production from GUM UNIT is estimated to be worth about $3.0M in total as of 26 August 2026, within a range of $2.5M to $3.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GUM UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GUM UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GUM UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GUM UNIT generate in a year?
- GUM UNIT is forecast to net about $775K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GUM UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Geosouthern Operating II, LLC |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 293243 |
| Wellbores | 1 |
| Reported production | 2,788,941 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.0M |
Where GUM 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.