PHILLIPS LAKE UNIT
PHILLIPS LAKE 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 November 2007 to August 2026, totalling 336,899 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 $61K, with roughly $10K 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 118 thousand cubic feet a month. Its strongest month on the record we hold was February 2022, at 1,185 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 PHILLIPS LAKE UNIT
- Who operates PHILLIPS LAKE UNIT?
- PHILLIPS LAKE UNIT is operated by Anadarko E&P Company LP, Railroad Commission of Texas operator number 020542.
- Where is PHILLIPS LAKE UNIT?
- PHILLIPS LAKE UNIT is a Texas gas lease in Tyler County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 240930.
- Is PHILLIPS LAKE UNIT still producing?
- PHILLIPS LAKE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PHILLIPS LAKE UNIT is August 2026.
- How much has PHILLIPS LAKE UNIT produced?
- PHILLIPS LAKE UNIT has reported 336,899 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2007 and August 2026, from 1 wellbore.
- How much is PHILLIPS LAKE UNIT worth?
- The remaining production from PHILLIPS LAKE UNIT is estimated to be worth about $61K in total as of 26 August 2026, within a range of $47K to $74K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PHILLIPS LAKE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PHILLIPS LAKE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PHILLIPS LAKE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PHILLIPS LAKE UNIT generate in a year?
- PHILLIPS LAKE UNIT is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PHILLIPS LAKE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko E&P Company LP |
|---|---|
| Field | Brookeland (Austin Chalk, 8800) |
| County | Tyler County, Texas |
| RRC district | 06 |
| Lease number | 240930 |
| Wellbores | 1 |
| Reported production | 336,899 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $61K |
Where PHILLIPS LAKE 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.