STEVE UNIT
STEVE UNIT is a Texas gas lease in Nacogdoches County, Railroad Commission district 06, operated by Covey Park Resources LLC. It has 1 wellbore on file with the Commission. Reported production runs from November 2017 to August 2026, totalling 3,882,022 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 $631K, with roughly $123K 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 9,256 thousand cubic feet a month. Its strongest month on the record we hold was December 2017, at 362,252 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 STEVE UNIT
- Who operates STEVE UNIT?
- STEVE UNIT is operated by Covey Park Resources LLC, Railroad Commission of Texas operator number 182848.
- Where is STEVE UNIT?
- STEVE UNIT is a Texas gas lease in Nacogdoches County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 283951.
- Is STEVE UNIT still producing?
- STEVE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEVE UNIT is August 2026.
- How much has STEVE UNIT produced?
- STEVE UNIT has reported 3,882,022 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2017 and August 2026, from 1 wellbore.
- How much is STEVE UNIT worth?
- The remaining production from STEVE UNIT is estimated to be worth about $631K in total as of 27 August 2026, within a range of $524K to $739K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEVE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production STEVE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEVE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does STEVE UNIT generate in a year?
- STEVE UNIT is forecast to net about $123K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STEVE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Covey Park Resources LLC |
|---|---|
| Field | Carthage (Haynesville Shale) |
| County | Nacogdoches County, Texas |
| RRC district | 06 |
| Lease number | 283951 |
| Wellbores | 1 |
| Reported production | 3,882,022 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $631K |
Where STEVE 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.