ZIRCON UNIT
ZIRCON 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 October 1995 to August 2026, totalling 5,951,384 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 $819K, with roughly $281K 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 6,092 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 ZIRCON UNIT
- Who operates ZIRCON UNIT?
- ZIRCON UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is ZIRCON UNIT?
- ZIRCON UNIT is a Texas gas lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 157312.
- Is ZIRCON UNIT still producing?
- ZIRCON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ZIRCON UNIT is August 2026.
- How much has ZIRCON UNIT produced?
- ZIRCON UNIT has reported 5,951,384 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 1995 and August 2026, from 1 wellbore.
- How much is ZIRCON UNIT worth?
- The remaining production from ZIRCON UNIT is estimated to be worth about $819K in total as of 26 August 2026, within a range of $680K to $958K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ZIRCON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production ZIRCON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ZIRCON UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does ZIRCON UNIT generate in a year?
- ZIRCON UNIT is forecast to net about $281K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ZIRCON 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 | 157312 |
| Wellbores | 1 |
| Reported production | 5,951,384 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $819K |
Where ZIRCON 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.