WERNER-STEVENS GAS UNIT
WERNER-STEVENS GAS UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Chevron U. S. A. Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2006 to August 2026, totalling 698,579 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 $219K, with roughly $50K 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 1,786 thousand cubic feet a month. Its strongest month on the record we hold was November 2021, at 6,174 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 WERNER-STEVENS GAS UNIT
- Who operates WERNER-STEVENS GAS UNIT?
- WERNER-STEVENS GAS UNIT is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is WERNER-STEVENS GAS UNIT?
- WERNER-STEVENS GAS UNIT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 225398.
- Is WERNER-STEVENS GAS UNIT still producing?
- WERNER-STEVENS GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WERNER-STEVENS GAS UNIT is August 2026.
- How much has WERNER-STEVENS GAS UNIT produced?
- WERNER-STEVENS GAS UNIT has reported 698,579 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2006 and August 2026, from 1 wellbore.
- How much is WERNER-STEVENS GAS UNIT worth?
- The remaining production from WERNER-STEVENS GAS UNIT is estimated to be worth about $219K in total as of 27 August 2026, within a range of $182K to $257K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WERNER-STEVENS GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WERNER-STEVENS 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 WERNER-STEVENS GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WERNER-STEVENS GAS UNIT generate in a year?
- WERNER-STEVENS GAS UNIT is forecast to net about $50K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WERNER-STEVENS GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 225398 |
| Wellbores | 1 |
| Reported production | 698,579 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $219K |
Where WERNER-STEVENS 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.