HAGIST-STATE GAS UNIT -B-
HAGIST-STATE GAS UNIT -B- is a Texas gas lease in Duval County, Railroad Commission district 04, operated by Gillring Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 17,799 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 $51K, with roughly $9K 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 66 thousand cubic feet a month. Its strongest month on the record we hold was June 2022, at 613 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 HAGIST-STATE GAS UNIT -B-
- Who operates HAGIST-STATE GAS UNIT -B-?
- HAGIST-STATE GAS UNIT -B- is operated by Gillring Oil Company, Railroad Commission of Texas operator number 306400.
- Where is HAGIST-STATE GAS UNIT -B-?
- HAGIST-STATE GAS UNIT -B- is a Texas gas lease in Duval County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 010745.
- Is HAGIST-STATE GAS UNIT -B- still producing?
- HAGIST-STATE GAS UNIT -B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HAGIST-STATE GAS UNIT -B- is August 2026.
- How much has HAGIST-STATE GAS UNIT -B- produced?
- HAGIST-STATE GAS UNIT -B- has reported 17,799 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is HAGIST-STATE GAS UNIT -B- worth?
- The remaining production from HAGIST-STATE GAS UNIT -B- is estimated to be worth about $51K in total as of 27 August 2026, within a range of $28K to $74K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HAGIST-STATE GAS UNIT -B- is a fraction of it. The estimate fits an Arps decline curve to the production HAGIST-STATE GAS UNIT -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HAGIST-STATE GAS UNIT -B- is an estimate of value, not an offer and not an appraisal.
- How much income does HAGIST-STATE GAS UNIT -B- generate in a year?
- HAGIST-STATE GAS UNIT -B- is forecast to net about $9K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HAGIST-STATE GAS UNIT -B- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gillring Oil Company |
|---|---|
| Field | Hagist Ranch ( Wilcox Upper) |
| County | Duval County, Texas |
| RRC district | 04 |
| Lease number | 010745 |
| Wellbores | 1 |
| Reported production | 17,799 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $51K |
Where HAGIST-STATE GAS UNIT -B- 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.