CHEVRON USA INC. GAS UNIT
CHEVRON USA INC. GAS UNIT is a Texas gas lease in Gregg County, Railroad Commission district 06, operated by Amoco Production Company. It has 1 wellbore on file with the Commission. Reported production runs from April 1996 to August 2026, totalling 1,528,034 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 $35K, 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 177 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 3,781 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 CHEVRON USA INC. GAS UNIT
- Who operates CHEVRON USA INC. GAS UNIT?
- CHEVRON USA INC. GAS UNIT is operated by Amoco Production Company, Railroad Commission of Texas operator number 020425.
- Where is CHEVRON USA INC. GAS UNIT?
- CHEVRON USA INC. GAS UNIT is a Texas gas lease in Gregg County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 158876.
- Is CHEVRON USA INC. GAS UNIT still producing?
- CHEVRON USA INC. GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHEVRON USA INC. GAS UNIT is August 2026.
- How much has CHEVRON USA INC. GAS UNIT produced?
- CHEVRON USA INC. GAS UNIT has reported 1,528,034 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 1996 and August 2026, from 1 wellbore.
- How much is CHEVRON USA INC. GAS UNIT worth?
- The remaining production from CHEVRON USA INC. GAS UNIT is estimated to be worth about $35K in total as of 27 August 2026, within a range of $27K to $43K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHEVRON USA INC. GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CHEVRON USA INC. 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 CHEVRON USA INC. GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CHEVRON USA INC. GAS UNIT generate in a year?
- CHEVRON USA INC. GAS UNIT is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHEVRON USA INC. GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Amoco Production Company |
|---|---|
| Field | Glenwood (Cotton Valley) |
| County | Gregg County, Texas |
| RRC district | 06 |
| Lease number | 158876 |
| Wellbores | 1 |
| Reported production | 1,528,034 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $35K |
Where CHEVRON USA INC. 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.