RED DRAGON UNIT
RED DRAGON UNIT is a Texas gas lease in Hood County, Railroad Commission district 09, operated by Quicksilver Resources Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2006 to August 2026, totalling 2,139,148 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 $172K, with roughly $54K 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 3,096 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 9,519 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 RED DRAGON UNIT
- Who operates RED DRAGON UNIT?
- RED DRAGON UNIT is operated by Quicksilver Resources Inc., Railroad Commission of Texas operator number 684830.
- Where is RED DRAGON UNIT?
- RED DRAGON UNIT is a Texas gas lease in Hood County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 221656.
- Is RED DRAGON UNIT still producing?
- RED DRAGON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RED DRAGON UNIT is August 2026.
- How much has RED DRAGON UNIT produced?
- RED DRAGON UNIT has reported 2,139,148 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2006 and August 2026, from 1 wellbore.
- How much is RED DRAGON UNIT worth?
- The remaining production from RED DRAGON UNIT is estimated to be worth about $172K in total as of 26 August 2026, within a range of $142K to $201K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RED DRAGON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production RED DRAGON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RED DRAGON UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does RED DRAGON UNIT generate in a year?
- RED DRAGON UNIT is forecast to net about $54K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RED DRAGON UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Quicksilver Resources Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Hood County, Texas |
| RRC district | 09 |
| Lease number | 221656 |
| Wellbores | 1 |
| Reported production | 2,139,148 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $172K |
Where RED DRAGON 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.