TEXAS HUGOTON GU -2-
TEXAS HUGOTON GU -2- is a Texas gas lease in Sherman County, Railroad Commission district 10, operated by Exxon Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,606,460 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 $359K, with roughly $77K 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 3,286 thousand cubic feet a month. Its strongest month on the record we hold was January 2020, at 11,241 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 TEXAS HUGOTON GU -2-
- Who operates TEXAS HUGOTON GU -2-?
- TEXAS HUGOTON GU -2- is operated by Exxon Corp., Railroad Commission of Texas operator number 257097.
- Where is TEXAS HUGOTON GU -2-?
- TEXAS HUGOTON GU -2- is a Texas gas lease in Sherman County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 028198.
- Is TEXAS HUGOTON GU -2- still producing?
- TEXAS HUGOTON GU -2- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEXAS HUGOTON GU -2- is August 2026.
- How much has TEXAS HUGOTON GU -2- produced?
- TEXAS HUGOTON GU -2- has reported 1,606,460 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is TEXAS HUGOTON GU -2- worth?
- The remaining production from TEXAS HUGOTON GU -2- is estimated to be worth about $359K in total as of 26 August 2026, within a range of $298K to $420K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEXAS HUGOTON GU -2- is a fraction of it. The estimate fits an Arps decline curve to the production TEXAS HUGOTON GU -2- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEXAS HUGOTON GU -2- is an estimate of value, not an offer and not an appraisal.
- How much income does TEXAS HUGOTON GU -2- generate in a year?
- TEXAS HUGOTON GU -2- is forecast to net about $77K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TEXAS HUGOTON GU -2- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exxon Corp. |
|---|---|
| Field | Texas Hugoton |
| County | Sherman County, Texas |
| RRC district | 10 |
| Lease number | 028198 |
| Wellbores | 1 |
| Reported production | 1,606,460 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $359K |
Where TEXAS HUGOTON GU -2- 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.