THELDICK UNIT
THELDICK UNIT is a Texas gas lease in Austin County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from May 1999 to August 2026, totalling 4,333,763 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 $10K, with roughly $5K 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 561 thousand cubic feet a month. Its strongest month on the record we hold was March 2023, at 1,939 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 THELDICK UNIT
- Who operates THELDICK UNIT?
- THELDICK UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is THELDICK UNIT?
- THELDICK UNIT is a Texas gas lease in Austin County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 173574.
- Is THELDICK UNIT still producing?
- THELDICK UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THELDICK UNIT is August 2026.
- How much has THELDICK UNIT produced?
- THELDICK UNIT has reported 4,333,763 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 1999 and August 2026, from 1 wellbore.
- How much is THELDICK UNIT worth?
- The remaining production from THELDICK UNIT is estimated to be worth about $10K in total as of 27 August 2026, within a range of $8K to $13K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THELDICK UNIT is a fraction of it. The estimate fits an Arps decline curve to the production THELDICK UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THELDICK UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does THELDICK UNIT generate in a year?
- THELDICK UNIT is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in THELDICK UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Austin County, Texas |
| RRC district | 03 |
| Lease number | 173574 |
| Wellbores | 1 |
| Reported production | 4,333,763 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $10K |
Where THELDICK 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.