RUST UNIT
RUST UNIT is a Texas gas lease in Brazos County, Railroad Commission district 03, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from March 2022 to August 2026, totalling 203,254 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 $381K, with roughly $160K 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 1,754 thousand cubic feet a month. Its strongest month on the record we hold was May 2022, at 19,984 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 RUST UNIT
- Who operates RUST UNIT?
- RUST UNIT is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is RUST UNIT?
- RUST UNIT is a Texas gas lease in Brazos County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 294630.
- Is RUST UNIT still producing?
- RUST UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RUST UNIT is August 2026.
- How much has RUST UNIT produced?
- RUST UNIT has reported 203,254 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2022 and August 2026, from 1 wellbore.
- How much is RUST UNIT worth?
- The remaining production from RUST UNIT is estimated to be worth about $381K in total as of 26 August 2026, within a range of $316K to $445K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RUST UNIT is a fraction of it. The estimate fits an Arps decline curve to the production RUST UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RUST UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does RUST UNIT generate in a year?
- RUST UNIT is forecast to net about $160K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RUST UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Brazos County, Texas |
| RRC district | 03 |
| Lease number | 294630 |
| Wellbores | 1 |
| Reported production | 203,254 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $381K |
Where RUST 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.