GEASLIN NW 197
GEASLIN NW 197 is a Texas gas lease in Terrell County, Railroad Commission district 7C, operated by Hunt Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from April 1996 to August 2026, totalling 987,224 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 $23K, with roughly $3K 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 184 thousand cubic feet a month. Its strongest month on the record we hold was August 2023, at 1,163 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 GEASLIN NW 197
- Who operates GEASLIN NW 197?
- GEASLIN NW 197 is operated by Hunt Oil Company, Railroad Commission of Texas operator number 416330.
- Where is GEASLIN NW 197?
- GEASLIN NW 197 is a Texas gas lease in Terrell County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 160059.
- Is GEASLIN NW 197 still producing?
- GEASLIN NW 197 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GEASLIN NW 197 is August 2026.
- How much has GEASLIN NW 197 produced?
- GEASLIN NW 197 has reported 987,224 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 1996 and August 2026, from 1 wellbore.
- How much is GEASLIN NW 197 worth?
- The remaining production from GEASLIN NW 197 is estimated to be worth about $23K in total as of 26 August 2026, within a range of $18K to $28K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GEASLIN NW 197 is a fraction of it. The estimate fits an Arps decline curve to the production GEASLIN NW 197 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GEASLIN NW 197 is an estimate of value, not an offer and not an appraisal.
- How much income does GEASLIN NW 197 generate in a year?
- GEASLIN NW 197 is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GEASLIN NW 197 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hunt Oil Company |
|---|---|
| Field | Geaslin (Wolfcamp) |
| County | Terrell County, Texas |
| RRC district | 7C |
| Lease number | 160059 |
| Wellbores | 1 |
| Reported production | 987,224 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $23K |
Where GEASLIN NW 197 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.