LUCAS UNIT #1
LUCAS UNIT #1 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 February 2022 to August 2026, totalling 35,571 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 $67K, with roughly $12K 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 537 thousand cubic feet a month. Its strongest month on the record we hold was December 2024, at 1,266 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 LUCAS UNIT #1
- Who operates LUCAS UNIT #1?
- LUCAS UNIT #1 is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is LUCAS UNIT #1?
- LUCAS UNIT #1 is a Texas gas lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 294164.
- Is LUCAS UNIT #1 still producing?
- LUCAS UNIT #1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LUCAS UNIT #1 is August 2026.
- How much has LUCAS UNIT #1 produced?
- LUCAS UNIT #1 has reported 35,571 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2022 and August 2026, from 1 wellbore.
- How much is LUCAS UNIT #1 worth?
- The remaining production from LUCAS UNIT #1 is estimated to be worth about $67K in total as of 26 August 2026, within a range of $52K to $81K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LUCAS UNIT #1 is a fraction of it. The estimate fits an Arps decline curve to the production LUCAS UNIT #1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LUCAS UNIT #1 is an estimate of value, not an offer and not an appraisal.
- How much income does LUCAS UNIT #1 generate in a year?
- LUCAS UNIT #1 is forecast to net about $12K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LUCAS UNIT #1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | ST. Jo Ridge (Barnett Shale) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 294164 |
| Wellbores | 1 |
| Reported production | 35,571 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $67K |
Where LUCAS UNIT #1 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.