GREAT EXPECTATIONS UNIT
GREAT EXPECTATIONS UNIT is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Carrizo Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2009 to August 2026, totalling 2,389,645 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 $19K, with roughly $5K 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 354 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 16,472 thousand cubic feet. 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 GREAT EXPECTATIONS UNIT
- Who operates GREAT EXPECTATIONS UNIT?
- GREAT EXPECTATIONS UNIT is operated by Carrizo Oil & Gas, Inc., Railroad Commission of Texas operator number 135401.
- Where is GREAT EXPECTATIONS UNIT?
- GREAT EXPECTATIONS UNIT is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 255094.
- Is GREAT EXPECTATIONS UNIT still producing?
- GREAT EXPECTATIONS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GREAT EXPECTATIONS UNIT is August 2026.
- How much has GREAT EXPECTATIONS UNIT produced?
- GREAT EXPECTATIONS UNIT has reported 2,389,645 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2009 and August 2026, from 1 wellbore.
- How much is GREAT EXPECTATIONS UNIT worth?
- The remaining production from GREAT EXPECTATIONS UNIT is estimated to be worth about $19K in total as of 26 August 2026, within a range of $15K to $24K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GREAT EXPECTATIONS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GREAT EXPECTATIONS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GREAT EXPECTATIONS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GREAT EXPECTATIONS UNIT generate in a year?
- GREAT EXPECTATIONS UNIT is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GREAT EXPECTATIONS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Carrizo Oil & Gas, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 255094 |
| Wellbores | 1 |
| Reported production | 2,389,645 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $19K |
Where GREAT EXPECTATIONS 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.