UL G 1-15 UNIT
UL G 1-15 UNIT is a Texas gas lease in Andrews County, Railroad Commission district 08, operated by Elevation Resources LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2018 to August 2026, totalling 1,564,141 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 $3.0M, with roughly $620K 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 9,896 thousand cubic feet a month. Its strongest month on the record we hold was August 2018, at 36,001 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 UL G 1-15 UNIT
- Who operates UL G 1-15 UNIT?
- UL G 1-15 UNIT is operated by Elevation Resources LLC, Railroad Commission of Texas operator number 247756.
- Where is UL G 1-15 UNIT?
- UL G 1-15 UNIT is a Texas gas lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 288377.
- Is UL G 1-15 UNIT still producing?
- UL G 1-15 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UL G 1-15 UNIT is August 2026.
- How much has UL G 1-15 UNIT produced?
- UL G 1-15 UNIT has reported 1,564,141 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2018 and August 2026, from 1 wellbore.
- How much is UL G 1-15 UNIT worth?
- The remaining production from UL G 1-15 UNIT is estimated to be worth about $3.0M in total as of 26 August 2026, within a range of $2.5M to $3.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UL G 1-15 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production UL G 1-15 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UL G 1-15 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does UL G 1-15 UNIT generate in a year?
- UL G 1-15 UNIT is forecast to net about $620K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in UL G 1-15 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Elevation Resources LLC |
|---|---|
| Field | Emma (Barnett Shale) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 288377 |
| Wellbores | 1 |
| Reported production | 1,564,141 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.0M |
Where UL G 1-15 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.