LOOS UNIT
LOOS UNIT is a Texas gas lease in De Witt County, Railroad Commission district 02, operated by Teal Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2020 to August 2026, totalling 1,408,040 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 $3.0M, with roughly $676K 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 4,821 thousand cubic feet a month. Its strongest month on the record we hold was August 2020, at 106,442 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 LOOS UNIT
- Who operates LOOS UNIT?
- LOOS UNIT is operated by Teal Operating, LLC, Railroad Commission of Texas operator number 840879.
- Where is LOOS UNIT?
- LOOS UNIT is a Texas gas lease in De Witt County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 288992.
- Is LOOS UNIT still producing?
- LOOS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOOS UNIT is August 2026.
- How much has LOOS UNIT produced?
- LOOS UNIT has reported 1,408,040 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2020 and August 2026, from 1 wellbore.
- How much is LOOS UNIT worth?
- The remaining production from LOOS UNIT is estimated to be worth about $3.0M in total as of 26 August 2026, within a range of $2.5M to $3.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOOS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LOOS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOOS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LOOS UNIT generate in a year?
- LOOS UNIT is forecast to net about $676K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOOS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Teal Operating, LLC |
|---|---|
| Field | De Witt (Eagle Ford Shale) |
| County | De Witt County, Texas |
| RRC district | 02 |
| Lease number | 288992 |
| Wellbores | 1 |
| Reported production | 1,408,040 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.0M |
Where LOOS 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.