GUNN, J. R. GAS UNIT NO. 1

GUNN, J. R. GAS UNIT NO. 1 is a Texas gas lease in Upshur County, Railroad Commission district 06, operated by Verado Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 470,997 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 $82K, with roughly $24K 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 731 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 1,627 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 GUNN, J. R. GAS UNIT NO. 1

Who operates GUNN, J. R. GAS UNIT NO. 1?: GUNN, J. R. GAS UNIT NO. 1 is operated by Verado Energy, Inc., Railroad Commission of Texas operator number 884563.
Where is GUNN, J. R. GAS UNIT NO. 1?: GUNN, J. R. GAS UNIT NO. 1 is a Texas gas lease in Upshur County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 094981.
Is GUNN, J. R. GAS UNIT NO. 1 still producing?: GUNN, J. R. GAS UNIT NO. 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GUNN, J. R. GAS UNIT NO. 1 is August 2026.
How much has GUNN, J. R. GAS UNIT NO. 1 produced?: GUNN, J. R. GAS UNIT NO. 1 has reported 470,997 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is GUNN, J. R. GAS UNIT NO. 1 worth?: The remaining production from GUNN, J. R. GAS UNIT NO. 1 is estimated to be worth about $82K in total as of 27 August 2026, within a range of $64K to $100K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GUNN, J. R. GAS UNIT NO. 1 is a fraction of it. The estimate fits an Arps decline curve to the production GUNN, J. R. GAS UNIT NO. 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GUNN, J. R. GAS UNIT NO. 1 is an estimate of value, not an offer and not an appraisal.
How much income does GUNN, J. R. GAS UNIT NO. 1 generate in a year?: GUNN, J. R. GAS UNIT NO. 1 is forecast to net about $24K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GUNN, J. R. GAS UNIT NO. 1 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

GUNN, J. R. GAS UNIT NO. 1 as filed with the Railroad Commission of Texas
Operator	Verado Energy, Inc.
Field	Rosewood (Cotton Valley)
County	Upshur County, Texas
RRC district	06
Lease number	094981
Wellbores	1
Reported production	470,997 mcf
First reported	January 1993
Last reported	August 2026
Estimated royalty value	$82K

Where GUNN, J. R. GAS UNIT NO. 1 sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.