LAKE CHEROKEE GAS UNIT NO. 1

LAKE CHEROKEE GAS UNIT NO. 1 is a Texas gas lease in Gregg County, Railroad Commission district 06, operated by Verado Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2007 to August 2026, totalling 929,958 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 $70K, with roughly $11K 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 549 thousand cubic feet a month. Its strongest month on the record we hold was December 2017, at 4,650 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 LAKE CHEROKEE GAS UNIT NO. 1

Who operates LAKE CHEROKEE GAS UNIT NO. 1?: LAKE CHEROKEE GAS UNIT NO. 1 is operated by Verado Energy, Inc., Railroad Commission of Texas operator number 884563.
Where is LAKE CHEROKEE GAS UNIT NO. 1?: LAKE CHEROKEE GAS UNIT NO. 1 is a Texas gas lease in Gregg County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 232086.
Is LAKE CHEROKEE GAS UNIT NO. 1 still producing?: LAKE CHEROKEE GAS UNIT NO. 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LAKE CHEROKEE GAS UNIT NO. 1 is August 2026.
How much has LAKE CHEROKEE GAS UNIT NO. 1 produced?: LAKE CHEROKEE GAS UNIT NO. 1 has reported 929,958 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2007 and August 2026, from 1 wellbore.
How much is LAKE CHEROKEE GAS UNIT NO. 1 worth?: The remaining production from LAKE CHEROKEE GAS UNIT NO. 1 is estimated to be worth about $70K in total as of 27 August 2026, within a range of $55K to $86K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LAKE CHEROKEE GAS UNIT NO. 1 is a fraction of it. The estimate fits an Arps decline curve to the production LAKE CHEROKEE GAS UNIT NO. 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LAKE CHEROKEE GAS UNIT NO. 1 is an estimate of value, not an offer and not an appraisal.
How much income does LAKE CHEROKEE GAS UNIT NO. 1 generate in a year?: LAKE CHEROKEE GAS UNIT NO. 1 is forecast to net about $11K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LAKE CHEROKEE GAS UNIT NO. 1 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

LAKE CHEROKEE GAS UNIT NO. 1 as filed with the Railroad Commission of Texas
Operator	Verado Energy, Inc.
Field	Oak Hill (Cotton Valley)
County	Gregg County, Texas
RRC district	06
Lease number	232086
Wellbores	1
Reported production	929,958 mcf
First reported	September 2007
Last reported	August 2026
Estimated royalty value	$70K

Where LAKE CHEROKEE GAS UNIT NO. 1 sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.