DOUGLASS GU 2
DOUGLASS GU 2 is a Texas gas lease in Nacogdoches County, Railroad Commission district 06, operated by Exxon Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,153,396 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 $38K, with roughly $5K 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 171 thousand cubic feet a month. Its strongest month on the record we hold was November 2024, at 1,064 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 DOUGLASS GU 2
- Who operates DOUGLASS GU 2?
- DOUGLASS GU 2 is operated by Exxon Corp., Railroad Commission of Texas operator number 257097.
- Where is DOUGLASS GU 2?
- DOUGLASS GU 2 is a Texas gas lease in Nacogdoches County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 015998.
- Is DOUGLASS GU 2 still producing?
- DOUGLASS GU 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DOUGLASS GU 2 is August 2026.
- How much has DOUGLASS GU 2 produced?
- DOUGLASS GU 2 has reported 1,153,396 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is DOUGLASS GU 2 worth?
- The remaining production from DOUGLASS GU 2 is estimated to be worth about $38K in total as of 26 August 2026, within a range of $30K to $47K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DOUGLASS GU 2 is a fraction of it. The estimate fits an Arps decline curve to the production DOUGLASS GU 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DOUGLASS GU 2 is an estimate of value, not an offer and not an appraisal.
- How much income does DOUGLASS GU 2 generate in a year?
- DOUGLASS GU 2 is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DOUGLASS GU 2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exxon Corp. |
|---|---|
| Field | Douglass (Pettit) |
| County | Nacogdoches County, Texas |
| RRC district | 06 |
| Lease number | 015998 |
| Wellbores | 1 |
| Reported production | 1,153,396 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $38K |
Where DOUGLASS GU 2 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.