BALES GAS UNIT
BALES GAS UNIT is a Texas gas lease in Hidalgo County, Railroad Commission district 04, operated by Shell Western E&P. It has 1 wellbore on file with the Commission. Reported production runs from August 2009 to August 2026, totalling 4,977,008 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 $21K, with roughly $19K 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 7,435 thousand cubic feet a month. Its strongest month on the record we hold was March 2023, at 54,672 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 BALES GAS UNIT
- Who operates BALES GAS UNIT?
- BALES GAS UNIT is operated by Shell Western E&P, Railroad Commission of Texas operator number 774719.
- Where is BALES GAS UNIT?
- BALES GAS UNIT is a Texas gas lease in Hidalgo County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 251874.
- Is BALES GAS UNIT still producing?
- BALES GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BALES GAS UNIT is August 2026.
- How much has BALES GAS UNIT produced?
- BALES GAS UNIT has reported 4,977,008 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2009 and August 2026, from 1 wellbore.
- How much is BALES GAS UNIT worth?
- The remaining production from BALES GAS UNIT is estimated to be worth about $21K in total as of 27 August 2026, within a range of $17K to $25K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BALES GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BALES 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 BALES GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BALES GAS UNIT generate in a year?
- BALES GAS UNIT is forecast to net about $19K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BALES GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Shell Western E&P |
|---|---|
| Field | Belle Ferguson (Lo. Frio Cons.) |
| County | Hidalgo County, Texas |
| RRC district | 04 |
| Lease number | 251874 |
| Wellbores | 1 |
| Reported production | 4,977,008 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $21K |
Where BALES 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.