SOUTHERN UNIT
SOUTHERN UNIT is a Texas gas lease in Crane County, Railroad Commission district 08, operated by Thomas, J. C. Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 546,825 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 $254K, with roughly $40K 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 1,966 thousand cubic feet a month. Its strongest month on the record we hold was July 2021, at 8,004 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 SOUTHERN UNIT
- Who operates SOUTHERN UNIT?
- SOUTHERN UNIT is operated by Thomas, J. C. Inc., Railroad Commission of Texas operator number 853678.
- Where is SOUTHERN UNIT?
- SOUTHERN UNIT is a Texas gas lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 040892.
- Is SOUTHERN UNIT still producing?
- SOUTHERN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SOUTHERN UNIT is August 2026.
- How much has SOUTHERN UNIT produced?
- SOUTHERN UNIT has reported 546,825 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SOUTHERN UNIT worth?
- The remaining production from SOUTHERN UNIT is estimated to be worth about $254K in total as of 26 August 2026, within a range of $211K to $297K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SOUTHERN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SOUTHERN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SOUTHERN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SOUTHERN UNIT generate in a year?
- SOUTHERN UNIT is forecast to net about $40K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SOUTHERN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thomas, J. C. Inc. |
|---|---|
| Field | Running W (Waddell) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 040892 |
| Wellbores | 1 |
| Reported production | 546,825 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $254K |
Where SOUTHERN 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.