CARDINALS GAS UNIT
CARDINALS GAS UNIT is a Texas gas lease in Nacogdoches County, Railroad Commission district 06, operated by Fossil Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2007 to August 2026, totalling 1,166,020 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 $191K, with roughly $34K 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 1,544 thousand cubic feet a month. Its strongest month on the record we hold was January 2018, at 5,771 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 CARDINALS GAS UNIT
- Who operates CARDINALS GAS UNIT?
- CARDINALS GAS UNIT is operated by Fossil Resources, Inc., Railroad Commission of Texas operator number 278844.
- Where is CARDINALS GAS UNIT?
- CARDINALS GAS UNIT is a Texas gas lease in Nacogdoches County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 252788.
- Is CARDINALS GAS UNIT still producing?
- CARDINALS GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARDINALS GAS UNIT is August 2026.
- How much has CARDINALS GAS UNIT produced?
- CARDINALS GAS UNIT has reported 1,166,020 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2007 and August 2026, from 1 wellbore.
- How much is CARDINALS GAS UNIT worth?
- The remaining production from CARDINALS GAS UNIT is estimated to be worth about $191K in total as of 27 August 2026, within a range of $159K to $224K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARDINALS GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CARDINALS 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 CARDINALS GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CARDINALS GAS UNIT generate in a year?
- CARDINALS GAS UNIT is forecast to net about $34K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CARDINALS GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fossil Resources, Inc. |
|---|---|
| Field | Martinsville, Se. (James) |
| County | Nacogdoches County, Texas |
| RRC district | 06 |
| Lease number | 252788 |
| Wellbores | 1 |
| Reported production | 1,166,020 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $191K |
Where CARDINALS 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.