GILLIAM UNIT 1
GILLIAM UNIT 1 is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Matador Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2002 to August 2026, totalling 2,030,781 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 $414K, with roughly $77K 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 2,059 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 4,526 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 GILLIAM UNIT 1
- Who operates GILLIAM UNIT 1?
- GILLIAM UNIT 1 is operated by Matador Operating Company, Railroad Commission of Texas operator number 532992.
- Where is GILLIAM UNIT 1?
- GILLIAM UNIT 1 is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 190542.
- Is GILLIAM UNIT 1 still producing?
- GILLIAM UNIT 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GILLIAM UNIT 1 is August 2026.
- How much has GILLIAM UNIT 1 produced?
- GILLIAM UNIT 1 has reported 2,030,781 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2002 and August 2026, from 1 wellbore.
- How much is GILLIAM UNIT 1 worth?
- The remaining production from GILLIAM UNIT 1 is estimated to be worth about $414K in total as of 27 August 2026, within a range of $344K to $485K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GILLIAM UNIT 1 is a fraction of it. The estimate fits an Arps decline curve to the production GILLIAM UNIT 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GILLIAM UNIT 1 is an estimate of value, not an offer and not an appraisal.
- How much income does GILLIAM UNIT 1 generate in a year?
- GILLIAM UNIT 1 is forecast to net about $77K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GILLIAM UNIT 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Matador Operating Company |
|---|---|
| Field | Freestone (Bossier Sand) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 190542 |
| Wellbores | 1 |
| Reported production | 2,030,781 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $414K |
Where GILLIAM UNIT 1 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.