STEELE GAS UNIT
STEELE GAS UNIT is a Texas gas lease in Cherokee County, Railroad Commission district 06, operated by Jamex, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2018 to August 2026, totalling 2,038,289 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 $701K, with roughly $172K 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 7,700 thousand cubic feet a month. Its strongest month on the record we hold was June 2018, at 109,599 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 STEELE GAS UNIT
- Who operates STEELE GAS UNIT?
- STEELE GAS UNIT is operated by Jamex, Inc., Railroad Commission of Texas operator number 429659.
- Where is STEELE GAS UNIT?
- STEELE GAS UNIT is a Texas gas lease in Cherokee County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 285460.
- Is STEELE GAS UNIT still producing?
- STEELE GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEELE GAS UNIT is August 2026.
- How much has STEELE GAS UNIT produced?
- STEELE GAS UNIT has reported 2,038,289 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2018 and August 2026, from 1 wellbore.
- How much is STEELE GAS UNIT worth?
- The remaining production from STEELE GAS UNIT is estimated to be worth about $701K in total as of 26 August 2026, within a range of $582K to $820K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEELE GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production STEELE GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEELE GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does STEELE GAS UNIT generate in a year?
- STEELE GAS UNIT is forecast to net about $172K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STEELE GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jamex, Inc. |
|---|---|
| Field | Overton (Cotton Valley Sand) |
| County | Cherokee County, Texas |
| RRC district | 06 |
| Lease number | 285460 |
| Wellbores | 1 |
| Reported production | 2,038,289 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $701K |
Where STEELE GAS 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.