GIANT UNIT
GIANT UNIT is a Texas gas lease in Fayette County, Railroad Commission district 03, operated by Union Pacific Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from June 1995 to August 2026, totalling 4,051,883 thousand cubic feet. The lease is intermittent. 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 $890, with roughly $139 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 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 4,231 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 GIANT UNIT
- Who operates GIANT UNIT?
- GIANT UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is GIANT UNIT?
- GIANT UNIT is a Texas gas lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 156223.
- Is GIANT UNIT still producing?
- GIANT UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for GIANT UNIT is August 2026.
- How much has GIANT UNIT produced?
- GIANT UNIT has reported 4,051,883 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 1995 and August 2026, from 1 wellbore.
- How much is GIANT UNIT worth?
- The remaining production from GIANT UNIT is estimated to be worth about $890 in total as of 26 August 2026, within a range of $0 to $2K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GIANT UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GIANT UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GIANT UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GIANT UNIT generate in a year?
- GIANT UNIT is forecast to net about $139 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GIANT UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 156223 |
| Wellbores | 1 |
| Reported production | 4,051,883 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $890 |
Where GIANT 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.