QUEEN UNIT
QUEEN UNIT is a Texas gas lease in Montague County, Railroad Commission district 09, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2010 to August 2026, totalling 1,816,588 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 $1.0M, with roughly $156K 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 6,812 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 10,675 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 QUEEN UNIT
- Who operates QUEEN UNIT?
- QUEEN UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is QUEEN UNIT?
- QUEEN UNIT is a Texas gas lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 273819.
- Is QUEEN UNIT still producing?
- QUEEN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for QUEEN UNIT is August 2026.
- How much has QUEEN UNIT produced?
- QUEEN UNIT has reported 1,816,588 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2010 and August 2026, from 1 wellbore.
- How much is QUEEN UNIT worth?
- The remaining production from QUEEN UNIT is estimated to be worth about $1.0M in total as of 26 August 2026, within a range of $845K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in QUEEN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production QUEEN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for QUEEN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does QUEEN UNIT generate in a year?
- QUEEN UNIT is forecast to net about $156K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in QUEEN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 273819 |
| Wellbores | 1 |
| Reported production | 1,816,588 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.0M |
Where QUEEN 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.