EASTMAN GAS UNIT
EASTMAN GAS UNIT is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by Classic Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2003 to August 2026, totalling 1,329,627 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 $161K, with roughly $28K 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 1,402 thousand cubic feet a month. Its strongest month on the record we hold was January 2018, at 3,436 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 EASTMAN GAS UNIT
- Who operates EASTMAN GAS UNIT?
- EASTMAN GAS UNIT is operated by Classic Oil & Gas, Inc., Railroad Commission of Texas operator number 158286.
- Where is EASTMAN GAS UNIT?
- EASTMAN GAS UNIT is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 198338.
- Is EASTMAN GAS UNIT still producing?
- EASTMAN GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EASTMAN GAS UNIT is August 2026.
- How much has EASTMAN GAS UNIT produced?
- EASTMAN GAS UNIT has reported 1,329,627 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2003 and August 2026, from 1 wellbore.
- How much is EASTMAN GAS UNIT worth?
- The remaining production from EASTMAN GAS UNIT is estimated to be worth about $161K in total as of 26 August 2026, within a range of $134K to $189K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EASTMAN GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production EASTMAN 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 EASTMAN GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does EASTMAN GAS UNIT generate in a year?
- EASTMAN GAS UNIT is forecast to net about $28K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EASTMAN GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Classic Oil & Gas, Inc. |
|---|---|
| Field | Oak Hill (Cotton Valley) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 198338 |
| Wellbores | 1 |
| Reported production | 1,329,627 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $161K |
Where EASTMAN 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.