SHULA UNIT
SHULA UNIT is a Texas gas lease in Fayette County, Railroad Commission district 03, operated by Swift Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from November 1997 to August 2026, totalling 4,405,092 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 $502K, with roughly $80K 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 3,201 thousand cubic feet a month. Its strongest month on the record we hold was May 2019, at 21,914 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 SHULA UNIT
- Who operates SHULA UNIT?
- SHULA UNIT is operated by Swift Energy Company, Railroad Commission of Texas operator number 833347.
- Where is SHULA UNIT?
- SHULA UNIT is a Texas gas lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 167153.
- Is SHULA UNIT still producing?
- SHULA UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHULA UNIT is August 2026.
- How much has SHULA UNIT produced?
- SHULA UNIT has reported 4,405,092 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 1997 and August 2026, from 1 wellbore.
- How much is SHULA UNIT worth?
- The remaining production from SHULA UNIT is estimated to be worth about $502K in total as of 26 August 2026, within a range of $416K to $587K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHULA UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SHULA UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHULA UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SHULA UNIT generate in a year?
- SHULA UNIT is forecast to net about $80K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SHULA UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Swift Energy Company |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 167153 |
| Wellbores | 1 |
| Reported production | 4,405,092 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $502K |
Where SHULA 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.