GLADEWATER GU 1
GLADEWATER GU 1 is a Texas gas lease in Upshur 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 9,067,203 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 $1.2M, with roughly $191K 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 7,778 thousand cubic feet a month. Its strongest month on the record we hold was December 2021, at 14,041 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 GLADEWATER GU 1
- Who operates GLADEWATER GU 1?
- GLADEWATER GU 1 is operated by Exxon Corp., Railroad Commission of Texas operator number 257097.
- Where is GLADEWATER GU 1?
- GLADEWATER GU 1 is a Texas gas lease in Upshur County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 139708.
- Is GLADEWATER GU 1 still producing?
- GLADEWATER GU 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GLADEWATER GU 1 is August 2026.
- How much has GLADEWATER GU 1 produced?
- GLADEWATER GU 1 has reported 9,067,203 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GLADEWATER GU 1 worth?
- The remaining production from GLADEWATER GU 1 is estimated to be worth about $1.2M in total as of 27 August 2026, within a range of $1.0M to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GLADEWATER GU 1 is a fraction of it. The estimate fits an Arps decline curve to the production GLADEWATER 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 GLADEWATER GU 1 is an estimate of value, not an offer and not an appraisal.
- How much income does GLADEWATER GU 1 generate in a year?
- GLADEWATER GU 1 is forecast to net about $191K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GLADEWATER GU 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exxon Corp. |
|---|---|
| Field | Gladewater (Haynesville) |
| County | Upshur County, Texas |
| RRC district | 06 |
| Lease number | 139708 |
| Wellbores | 1 |
| Reported production | 9,067,203 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where GLADEWATER 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.