CGU 22-23
CGU 22-23 is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Anadarko E&P Onshore LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2014 to August 2026, totalling 4,689,394 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 $184K 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 8,083 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 61,526 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 CGU 22-23
- Who operates CGU 22-23?
- CGU 22-23 is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
- Where is CGU 22-23?
- CGU 22-23 is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 274143.
- Is CGU 22-23 still producing?
- CGU 22-23 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CGU 22-23 is August 2026.
- How much has CGU 22-23 produced?
- CGU 22-23 has reported 4,689,394 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2014 and August 2026, from 1 wellbore.
- How much is CGU 22-23 worth?
- The remaining production from CGU 22-23 is estimated to be worth about $1.0M in total as of 27 August 2026, within a range of $859K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CGU 22-23 is a fraction of it. The estimate fits an Arps decline curve to the production CGU 22-23 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CGU 22-23 is an estimate of value, not an offer and not an appraisal.
- How much income does CGU 22-23 generate in a year?
- CGU 22-23 is forecast to net about $184K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CGU 22-23 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko E&P Onshore LLC |
|---|---|
| Field | Carthage (Haynesville Shale) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 274143 |
| Wellbores | 1 |
| Reported production | 4,689,394 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where CGU 22-23 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.