DELROSE G.U. 1
DELROSE G.U. 1 is a Texas gas lease in Upshur County, Railroad Commission district 06, operated by Goldston Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from July 2002 to August 2026, totalling 4,110,343 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 $108K, with roughly $48K 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 3,339 thousand cubic feet a month. Its strongest month on the record we hold was May 2018, at 10,937 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 DELROSE G.U. 1
- Who operates DELROSE G.U. 1?
- DELROSE G.U. 1 is operated by Goldston Oil Corporation, Railroad Commission of Texas operator number 313990.
- Where is DELROSE G.U. 1?
- DELROSE G.U. 1 is a Texas gas lease in Upshur County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 190162.
- Is DELROSE G.U. 1 still producing?
- DELROSE G.U. 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DELROSE G.U. 1 is August 2026.
- How much has DELROSE G.U. 1 produced?
- DELROSE G.U. 1 has reported 4,110,343 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2002 and August 2026, from 1 wellbore.
- How much is DELROSE G.U. 1 worth?
- The remaining production from DELROSE G.U. 1 is estimated to be worth about $108K in total as of 27 August 2026, within a range of $90K to $127K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DELROSE G.U. 1 is a fraction of it. The estimate fits an Arps decline curve to the production DELROSE G.U. 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DELROSE G.U. 1 is an estimate of value, not an offer and not an appraisal.
- How much income does DELROSE G.U. 1 generate in a year?
- DELROSE G.U. 1 is forecast to net about $48K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DELROSE G.U. 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Goldston Oil Corporation |
|---|---|
| Field | Delrose (Haynesville) |
| County | Upshur County, Texas |
| RRC district | 06 |
| Lease number | 190162 |
| Wellbores | 1 |
| Reported production | 4,110,343 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $108K |
Where DELROSE G.U. 1 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.