CRAIG GAS UNIT
CRAIG GAS UNIT is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2006 to August 2026, totalling 1,693,754 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 $257K, with roughly $39K 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 1,894 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 4,061 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 CRAIG GAS UNIT
- Who operates CRAIG GAS UNIT?
- CRAIG GAS UNIT is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is CRAIG GAS UNIT?
- CRAIG GAS UNIT is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 230159.
- Is CRAIG GAS UNIT still producing?
- CRAIG GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRAIG GAS UNIT is August 2026.
- How much has CRAIG GAS UNIT produced?
- CRAIG GAS UNIT has reported 1,693,754 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2006 and August 2026, from 1 wellbore.
- How much is CRAIG GAS UNIT worth?
- The remaining production from CRAIG GAS UNIT is estimated to be worth about $257K in total as of 26 August 2026, within a range of $213K to $300K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRAIG GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CRAIG GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRAIG GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CRAIG GAS UNIT generate in a year?
- CRAIG GAS UNIT is forecast to net about $39K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CRAIG GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Freestone (CV-Bossier Cons.) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 230159 |
| Wellbores | 1 |
| Reported production | 1,693,754 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $257K |
Where CRAIG GAS 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.