OPAL UNIT
OPAL 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 February 1995 to August 2026, totalling 4,303,482 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 $684K, with roughly $143K 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 1,700 thousand cubic feet a month. Its strongest month on the record we hold was March 2021, at 5,125 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 OPAL UNIT
- Who operates OPAL UNIT?
- OPAL UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is OPAL UNIT?
- OPAL UNIT is a Texas gas lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 154498.
- Is OPAL UNIT still producing?
- OPAL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OPAL UNIT is August 2026.
- How much has OPAL UNIT produced?
- OPAL UNIT has reported 4,303,482 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 1995 and August 2026, from 1 wellbore.
- How much is OPAL UNIT worth?
- The remaining production from OPAL UNIT is estimated to be worth about $684K in total as of 26 August 2026, within a range of $568K to $801K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OPAL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production OPAL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OPAL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does OPAL UNIT generate in a year?
- OPAL UNIT is forecast to net about $143K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OPAL 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 | 154498 |
| Wellbores | 1 |
| Reported production | 4,303,482 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $684K |
Where OPAL 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.