GILLESPIE GAS UNIT

GILLESPIE GAS UNIT is a Texas gas lease in Nueces County, Railroad Commission district 04, operated by Suemaur Expl. & Prod., LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2000 to August 2026, totalling 1,577,229 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 $595K, with roughly $119K 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 1,442 thousand cubic feet a month. Its strongest month on the record we hold was September 2020, at 3,087 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 GILLESPIE GAS UNIT

Who operates GILLESPIE GAS UNIT?
GILLESPIE GAS UNIT is operated by Suemaur Expl. & Prod., LLC, Railroad Commission of Texas operator number 828321.
Where is GILLESPIE GAS UNIT?
GILLESPIE GAS UNIT is a Texas gas lease in Nueces County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 178026.
Is GILLESPIE GAS UNIT still producing?
GILLESPIE GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GILLESPIE GAS UNIT is August 2026.
How much has GILLESPIE GAS UNIT produced?
GILLESPIE GAS UNIT has reported 1,577,229 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2000 and August 2026, from 1 wellbore.
How much is GILLESPIE GAS UNIT worth?
The remaining production from GILLESPIE GAS UNIT is estimated to be worth about $595K in total as of 27 August 2026, within a range of $494K to $696K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GILLESPIE GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GILLESPIE 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 GILLESPIE GAS UNIT is an estimate of value, not an offer and not an appraisal.
How much income does GILLESPIE GAS UNIT generate in a year?
GILLESPIE GAS UNIT is forecast to net about $119K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GILLESPIE GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

GILLESPIE GAS UNIT as filed with the Railroad Commission of Texas
OperatorSuemaur Expl. & Prod., LLC
FieldBrayton, N. (Vicksburg 9150)
CountyNueces County, Texas
RRC district04
Lease number178026
Wellbores1
Reported production1,577,229 mcf
First reported
Last reported
Estimated royalty value$595K

Where GILLESPIE 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.