CRAIG GU
CRAIG GU is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Goodrich Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from April 2011 to August 2026, totalling 4,142,215 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 $741K, with roughly $130K 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 4,884 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 17,330 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 CRAIG GU
- Who operates CRAIG GU?
- CRAIG GU is operated by Goodrich Petroleum Company, Railroad Commission of Texas operator number 314909.
- Where is CRAIG GU?
- CRAIG GU is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 264521.
- Is CRAIG GU still producing?
- CRAIG GU is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRAIG GU is August 2026.
- How much has CRAIG GU produced?
- CRAIG GU has reported 4,142,215 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2011 and August 2026, from 1 wellbore.
- How much is CRAIG GU worth?
- The remaining production from CRAIG GU is estimated to be worth about $741K in total as of 27 August 2026, within a range of $615K to $867K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRAIG GU is a fraction of it. The estimate fits an Arps decline curve to the production CRAIG GU has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRAIG GU is an estimate of value, not an offer and not an appraisal.
- How much income does CRAIG GU generate in a year?
- CRAIG GU is forecast to net about $130K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CRAIG GU receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Goodrich Petroleum Company |
|---|---|
| Field | Henderson, E. (Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 264521 |
| Wellbores | 1 |
| Reported production | 4,142,215 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $741K |
Where CRAIG GU 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.