KANGERGA, MICHAEL GAS UNIT
KANGERGA, MICHAEL GAS UNIT is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by BP America Production Company. It has 1 wellbore on file with the Commission. Reported production runs from April 2008 to August 2026, totalling 3,898,736 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 $1.0M, with roughly $160K 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 6,657 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 14,465 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 KANGERGA, MICHAEL GAS UNIT
- Who operates KANGERGA, MICHAEL GAS UNIT?
- KANGERGA, MICHAEL GAS UNIT is operated by BP America Production Company, Railroad Commission of Texas operator number 040798.
- Where is KANGERGA, MICHAEL GAS UNIT?
- KANGERGA, MICHAEL GAS UNIT is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 249640.
- Is KANGERGA, MICHAEL GAS UNIT still producing?
- KANGERGA, MICHAEL GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KANGERGA, MICHAEL GAS UNIT is August 2026.
- How much has KANGERGA, MICHAEL GAS UNIT produced?
- KANGERGA, MICHAEL GAS UNIT has reported 3,898,736 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2008 and August 2026, from 1 wellbore.
- How much is KANGERGA, MICHAEL GAS UNIT worth?
- The remaining production from KANGERGA, MICHAEL GAS UNIT is estimated to be worth about $1.0M in total as of 26 August 2026, within a range of $865K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KANGERGA, MICHAEL GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production KANGERGA, MICHAEL 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 KANGERGA, MICHAEL GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does KANGERGA, MICHAEL GAS UNIT generate in a year?
- KANGERGA, MICHAEL GAS UNIT is forecast to net about $160K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KANGERGA, MICHAEL GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BP America Production Company |
|---|---|
| Field | Oak Hill (Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 249640 |
| Wellbores | 1 |
| Reported production | 3,898,736 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where KANGERGA, MICHAEL 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.