CGU 22

CGU 22 is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Anadarko E&P Company LP. It has 1 wellbore on file with the Commission. Reported production runs from September 2006 to August 2026, totalling 1,267,415 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 $151K, with roughly $23K 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 1,042 thousand cubic feet a month. Its strongest month on the record we hold was May 2018, at 3,330 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 CGU 22

Who operates CGU 22?
CGU 22 is operated by Anadarko E&P Company LP, Railroad Commission of Texas operator number 020542.
Where is CGU 22?
CGU 22 is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 224030.
Is CGU 22 still producing?
CGU 22 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CGU 22 is August 2026.
How much has CGU 22 produced?
CGU 22 has reported 1,267,415 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2006 and August 2026, from 1 wellbore.
How much is CGU 22 worth?
The remaining production from CGU 22 is estimated to be worth about $151K in total as of 26 August 2026, within a range of $126K to $177K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CGU 22 is a fraction of it. The estimate fits an Arps decline curve to the production CGU 22 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CGU 22 is an estimate of value, not an offer and not an appraisal.
How much income does CGU 22 generate in a year?
CGU 22 is forecast to net about $23K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CGU 22 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CGU 22 as filed with the Railroad Commission of Texas
OperatorAnadarko E&P Company LP
FieldCarthage (Cotton Valley)
CountyPanola County, Texas
RRC district06
Lease number224030
Wellbores1
Reported production1,267,415 mcf
First reported
Last reported
Estimated royalty value$151K

Where CGU 22 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.