LONGHORN GAS UNIT
LONGHORN GAS UNIT is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Nuevo Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from March 1997 to August 2026, totalling 1,540,210 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 $118K, with roughly $33K 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 1,954 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 3,441 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 LONGHORN GAS UNIT
- Who operates LONGHORN GAS UNIT?
- LONGHORN GAS UNIT is operated by Nuevo Energy Company, Railroad Commission of Texas operator number 616202.
- Where is LONGHORN GAS UNIT?
- LONGHORN GAS UNIT is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 162980.
- Is LONGHORN GAS UNIT still producing?
- LONGHORN GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LONGHORN GAS UNIT is August 2026.
- How much has LONGHORN GAS UNIT produced?
- LONGHORN GAS UNIT has reported 1,540,210 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 1997 and August 2026, from 1 wellbore.
- How much is LONGHORN GAS UNIT worth?
- The remaining production from LONGHORN GAS UNIT is estimated to be worth about $118K in total as of 26 August 2026, within a range of $98K to $138K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LONGHORN GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LONGHORN 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 LONGHORN GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LONGHORN GAS UNIT generate in a year?
- LONGHORN GAS UNIT is forecast to net about $33K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LONGHORN GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Nuevo Energy Company |
|---|---|
| Field | Oak Hill (Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 162980 |
| Wellbores | 1 |
| Reported production | 1,540,210 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $118K |
Where LONGHORN 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.