CASTRO GAS UNIT #2
CASTRO GAS UNIT #2 is a Texas oil lease in Chambers County, Railroad Commission district 03, operated by Fort Apache Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2012 to August 2026, totalling 46,856 barrels. 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 $705K, 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 244 barrels a month. Its strongest month on the record we hold was January 2019, at 569 barrels. 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 CASTRO GAS UNIT #2
- Who operates CASTRO GAS UNIT #2?
- CASTRO GAS UNIT #2 is operated by Fort Apache Energy, Inc., Railroad Commission of Texas operator number 277908.
- Where is CASTRO GAS UNIT #2?
- CASTRO GAS UNIT #2 is a Texas oil lease in Chambers County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26941.
- Is CASTRO GAS UNIT #2 still producing?
- CASTRO GAS UNIT #2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CASTRO GAS UNIT #2 is August 2026.
- How much has CASTRO GAS UNIT #2 produced?
- CASTRO GAS UNIT #2 has reported 46,856 barrels of oil (bbl) to the Railroad Commission of Texas between May 2012 and August 2026, from 1 wellbore.
- How much is CASTRO GAS UNIT #2 worth?
- The remaining production from CASTRO GAS UNIT #2 is estimated to be worth about $705K in total as of 26 August 2026, within a range of $550K to $860K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CASTRO GAS UNIT #2 is a fraction of it. The estimate fits an Arps decline curve to the production CASTRO GAS UNIT #2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CASTRO GAS UNIT #2 is an estimate of value, not an offer and not an appraisal.
- How much income does CASTRO GAS UNIT #2 generate in a year?
- CASTRO GAS UNIT #2 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 CASTRO GAS UNIT #2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fort Apache Energy, Inc. |
|---|---|
| Field | Double Bayou, S. (F-15b) |
| County | Chambers County, Texas |
| RRC district | 03 |
| Lease number | 26941 |
| Wellbores | 1 |
| Reported production | 46,856 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $705K |
Where CASTRO GAS UNIT #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.