NAN-SU-GAIL GU #1

NAN-SU-GAIL GU #1 is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Phillips, Jack L. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,846,811 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 $502K, with roughly $80K 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 3,068 thousand cubic feet a month. Its strongest month on the record we hold was November 2021, at 7,804 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 NAN-SU-GAIL GU #1

Who operates NAN-SU-GAIL GU #1?
NAN-SU-GAIL GU #1 is operated by Phillips, Jack L., Railroad Commission of Texas operator number 663080.
Where is NAN-SU-GAIL GU #1?
NAN-SU-GAIL GU #1 is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 015493.
Is NAN-SU-GAIL GU #1 still producing?
NAN-SU-GAIL GU #1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NAN-SU-GAIL GU #1 is August 2026.
How much has NAN-SU-GAIL GU #1 produced?
NAN-SU-GAIL GU #1 has reported 1,846,811 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is NAN-SU-GAIL GU #1 worth?
The remaining production from NAN-SU-GAIL GU #1 is estimated to be worth about $502K in total as of 27 August 2026, within a range of $416K to $587K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NAN-SU-GAIL GU #1 is a fraction of it. The estimate fits an Arps decline curve to the production NAN-SU-GAIL GU #1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NAN-SU-GAIL GU #1 is an estimate of value, not an offer and not an appraisal.
How much income does NAN-SU-GAIL GU #1 generate in a year?
NAN-SU-GAIL GU #1 is forecast to net about $80K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NAN-SU-GAIL GU #1 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

NAN-SU-GAIL GU #1 as filed with the Railroad Commission of Texas
OperatorPhillips, Jack L.
FieldNan-Su-Gail (Sub-Clarksville)
CountyFreestone County, Texas
RRC district05
Lease number015493
Wellbores1
Reported production1,846,811 mcf
First reported
Last reported
Estimated royalty value$502K

Where NAN-SU-GAIL GU #1 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.