BEST UNIT
BEST UNIT is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Encana Oil & Gas(USA) Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2005 to August 2026, totalling 425,799 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 $240K, with roughly $37K 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 1,541 thousand cubic feet a month. Its strongest month on the record we hold was August 2025, at 2,529 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 BEST UNIT
- Who operates BEST UNIT?
- BEST UNIT is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is BEST UNIT?
- BEST UNIT is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 223858.
- Is BEST UNIT still producing?
- BEST UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BEST UNIT is August 2026.
- How much has BEST UNIT produced?
- BEST UNIT has reported 425,799 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2005 and August 2026, from 1 wellbore.
- How much is BEST UNIT worth?
- The remaining production from BEST UNIT is estimated to be worth about $240K in total as of 26 August 2026, within a range of $199K to $281K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BEST UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BEST UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BEST UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BEST UNIT generate in a year?
- BEST UNIT is forecast to net about $37K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BEST UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encana Oil & Gas(USA) Inc. |
|---|---|
| Field | Stewards Mill (CV Consolidated) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 223858 |
| Wellbores | 1 |
| Reported production | 425,799 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $240K |
Where BEST 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.