FREE, J.W. GAS UNIT
FREE, J.W. GAS UNIT is a Texas gas lease in Upshur County, Railroad Commission district 06, operated by C. W. Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 1995 to August 2026, totalling 1,267,320 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 $190K, with roughly $29K 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 1,236 thousand cubic feet a month. Its strongest month on the record we hold was December 2021, at 2,056 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 FREE, J.W. GAS UNIT
- Who operates FREE, J.W. GAS UNIT?
- FREE, J.W. GAS UNIT is operated by C. W. Resources, Inc., Railroad Commission of Texas operator number 121085.
- Where is FREE, J.W. GAS UNIT?
- FREE, J.W. GAS UNIT is a Texas gas lease in Upshur County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 155584.
- Is FREE, J.W. GAS UNIT still producing?
- FREE, J.W. GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FREE, J.W. GAS UNIT is August 2026.
- How much has FREE, J.W. GAS UNIT produced?
- FREE, J.W. GAS UNIT has reported 1,267,320 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 1995 and August 2026, from 1 wellbore.
- How much is FREE, J.W. GAS UNIT worth?
- The remaining production from FREE, J.W. GAS UNIT is estimated to be worth about $190K in total as of 27 August 2026, within a range of $158K to $222K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FREE, J.W. GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FREE, J.W. 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 FREE, J.W. GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FREE, J.W. GAS UNIT generate in a year?
- FREE, J.W. GAS UNIT is forecast to net about $29K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FREE, J.W. GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | C. W. Resources, Inc. |
|---|---|
| Field | White Oak (Cotton Valley Sand) |
| County | Upshur County, Texas |
| RRC district | 06 |
| Lease number | 155584 |
| Wellbores | 1 |
| Reported production | 1,267,320 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $190K |
Where FREE, J.W. 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.