GLADNEY GAS UNIT
GLADNEY GAS UNIT is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by National Energy Group, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 1996 to August 2026, totalling 1,842,024 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 $96K, with roughly $23K 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 1,084 thousand cubic feet a month. Its strongest month on the record we hold was October 2022, at 3,061 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 GLADNEY GAS UNIT
- Who operates GLADNEY GAS UNIT?
- GLADNEY GAS UNIT is operated by National Energy Group, Inc., Railroad Commission of Texas operator number 600647.
- Where is GLADNEY GAS UNIT?
- GLADNEY GAS UNIT is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 161560.
- Is GLADNEY GAS UNIT still producing?
- GLADNEY GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GLADNEY GAS UNIT is August 2026.
- How much has GLADNEY GAS UNIT produced?
- GLADNEY GAS UNIT has reported 1,842,024 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 1996 and August 2026, from 1 wellbore.
- How much is GLADNEY GAS UNIT worth?
- The remaining production from GLADNEY GAS UNIT is estimated to be worth about $96K in total as of 26 August 2026, within a range of $80K to $112K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GLADNEY GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GLADNEY 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 GLADNEY GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GLADNEY GAS UNIT generate in a year?
- GLADNEY GAS UNIT is forecast to net about $23K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GLADNEY GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | National Energy Group, Inc. |
|---|---|
| Field | Oak Hill (Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 161560 |
| Wellbores | 1 |
| Reported production | 1,842,024 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $96K |
Where GLADNEY 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.