GLADEWATER G.U. 15

GLADEWATER G.U. 15 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 June 1997 to August 2026, totalling 997,862 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 $122K, with roughly $18K 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 1,002 thousand cubic feet a month. Its strongest month on the record we hold was December 2016, at 1,784 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 G.U. 15

Who operates GLADEWATER G.U. 15?: GLADEWATER G.U. 15 is operated by C. W. Resources, Inc., Railroad Commission of Texas operator number 121085.
Where is GLADEWATER G.U. 15?: GLADEWATER G.U. 15 is a Texas gas lease in Upshur County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 163902.
Is GLADEWATER G.U. 15 still producing?: GLADEWATER G.U. 15 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GLADEWATER G.U. 15 is August 2026.
How much has GLADEWATER G.U. 15 produced?: GLADEWATER G.U. 15 has reported 997,862 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 1997 and August 2026, from 1 wellbore.
How much is GLADEWATER G.U. 15 worth?: The remaining production from GLADEWATER G.U. 15 is estimated to be worth about $122K in total as of 26 August 2026, within a range of $101K to $143K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GLADEWATER G.U. 15 is a fraction of it. The estimate fits an Arps decline curve to the production GLADEWATER G.U. 15 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GLADEWATER G.U. 15 is an estimate of value, not an offer and not an appraisal.
How much income does GLADEWATER G.U. 15 generate in a year?: GLADEWATER G.U. 15 is forecast to net about $18K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GLADEWATER G.U. 15 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

GLADEWATER G.U. 15 as filed with the Railroad Commission of Texas
Operator	C. W. Resources, Inc.
Field	Glenwood (Cotton Valley)
County	Upshur County, Texas
RRC district	06
Lease number	163902
Wellbores	1
Reported production	997,862 mcf
First reported	June 1997
Last reported	August 2026
Estimated royalty value	$122K

Where GLADEWATER G.U. 15 sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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.