WELCH GAS UNIT
WELCH GAS UNIT is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by Neg Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2005 to August 2026, totalling 459,980 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 $153K, with roughly $26K 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 1,239 thousand cubic feet a month. Its strongest month on the record we hold was December 2025, at 2,065 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 WELCH GAS UNIT
- Who operates WELCH GAS UNIT?
- WELCH GAS UNIT is operated by Neg Operating LLC, Railroad Commission of Texas operator number 602995.
- Where is WELCH GAS UNIT?
- WELCH GAS UNIT is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 214708.
- Is WELCH GAS UNIT still producing?
- WELCH GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WELCH GAS UNIT is August 2026.
- How much has WELCH GAS UNIT produced?
- WELCH GAS UNIT has reported 459,980 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2005 and August 2026, from 1 wellbore.
- How much is WELCH GAS UNIT worth?
- The remaining production from WELCH GAS UNIT is estimated to be worth about $153K in total as of 26 August 2026, within a range of $127K to $179K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WELCH GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WELCH 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 WELCH GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WELCH GAS UNIT generate in a year?
- WELCH GAS UNIT is forecast to net about $26K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WELCH GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Neg Operating LLC |
|---|---|
| Field | Oak Hill (Cotton Valley) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 214708 |
| Wellbores | 1 |
| Reported production | 459,980 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $153K |
Where WELCH 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.