GLEASON UNIT
GLEASON UNIT is a Texas gas lease in Jack County, Railroad Commission district 09, operated by Fagadau Energy Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 216,690 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 $39K, with roughly $10K 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 499 thousand cubic feet a month. Its strongest month on the record we hold was July 2024, at 719 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 GLEASON UNIT
- Who operates GLEASON UNIT?
- GLEASON UNIT is operated by Fagadau Energy Corporation, Railroad Commission of Texas operator number 257680.
- Where is GLEASON UNIT?
- GLEASON UNIT is a Texas gas lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 037541.
- Is GLEASON UNIT still producing?
- GLEASON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GLEASON UNIT is August 2026.
- How much has GLEASON UNIT produced?
- GLEASON UNIT has reported 216,690 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GLEASON UNIT worth?
- The remaining production from GLEASON UNIT is estimated to be worth about $39K in total as of 26 August 2026, within a range of $31K to $48K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GLEASON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GLEASON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GLEASON UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GLEASON UNIT generate in a year?
- GLEASON UNIT is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GLEASON UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fagadau Energy Corporation |
|---|---|
| Field | Boonsville (Bend Congl., Gas) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 037541 |
| Wellbores | 1 |
| Reported production | 216,690 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $39K |
Where GLEASON 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.