LUCAS A-24 UNIT

LUCAS A-24 UNIT is a Texas gas lease in Tyler 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 June 2007 to August 2026, totalling 1,034,003 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 $960K, with roughly $239K 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 1,187 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 4,209 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 LUCAS A-24 UNIT

Who operates LUCAS A-24 UNIT?
LUCAS A-24 UNIT is operated by Anadarko E&P Company LP, Railroad Commission of Texas operator number 020542.
Where is LUCAS A-24 UNIT?
LUCAS A-24 UNIT is a Texas gas lease in Tyler County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 229078.
Is LUCAS A-24 UNIT still producing?
LUCAS A-24 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LUCAS A-24 UNIT is August 2026.
How much has LUCAS A-24 UNIT produced?
LUCAS A-24 UNIT has reported 1,034,003 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2007 and August 2026, from 1 wellbore.
How much is LUCAS A-24 UNIT worth?
The remaining production from LUCAS A-24 UNIT is estimated to be worth about $960K in total as of 26 August 2026, within a range of $796K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LUCAS A-24 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LUCAS A-24 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LUCAS A-24 UNIT is an estimate of value, not an offer and not an appraisal.
How much income does LUCAS A-24 UNIT generate in a year?
LUCAS A-24 UNIT is forecast to net about $239K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LUCAS A-24 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

LUCAS A-24 UNIT as filed with the Railroad Commission of Texas
OperatorAnadarko E&P Company LP
FieldBrookeland (Austin Chalk, 8800)
CountyTyler County, Texas
RRC district06
Lease number229078
Wellbores1
Reported production1,034,003 mcf
First reported
Last reported
Estimated royalty value$960K

Where LUCAS A-24 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.