TOOLE GAS UNIT
TOOLE GAS UNIT is a Texas gas lease in Cherokee County, Railroad Commission district 06, operated by Jamex, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2019 to August 2026, totalling 3,522,156 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 $1.5M, with roughly $258K 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 13,139 thousand cubic feet a month. Its strongest month on the record we hold was July 2019, at 135,422 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 TOOLE GAS UNIT
- Who operates TOOLE GAS UNIT?
- TOOLE GAS UNIT is operated by Jamex, Inc., Railroad Commission of Texas operator number 429659.
- Where is TOOLE GAS UNIT?
- TOOLE GAS UNIT is a Texas gas lease in Cherokee County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 287439.
- Is TOOLE GAS UNIT still producing?
- TOOLE GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TOOLE GAS UNIT is August 2026.
- How much has TOOLE GAS UNIT produced?
- TOOLE GAS UNIT has reported 3,522,156 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2019 and August 2026, from 1 wellbore.
- How much is TOOLE GAS UNIT worth?
- The remaining production from TOOLE GAS UNIT is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.2M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TOOLE GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production TOOLE 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 TOOLE GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does TOOLE GAS UNIT generate in a year?
- TOOLE GAS UNIT is forecast to net about $258K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TOOLE GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jamex, Inc. |
|---|---|
| Field | Overton (Cotton Valley Sand) |
| County | Cherokee County, Texas |
| RRC district | 06 |
| Lease number | 287439 |
| Wellbores | 1 |
| Reported production | 3,522,156 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where TOOLE 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.