H. L. & P. GAS UNIT
H. L. & P. GAS UNIT is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Miller Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1994 to August 2026, totalling 944,204 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 $34K, with roughly $4K 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 193 thousand cubic feet a month. Its strongest month on the record we hold was July 2020, at 867 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 H. L. & P. GAS UNIT
- Who operates H. L. & P. GAS UNIT?
- H. L. & P. GAS UNIT is operated by Miller Energy, Inc., Railroad Commission of Texas operator number 567747.
- Where is H. L. & P. GAS UNIT?
- H. L. & P. GAS UNIT is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 148367.
- Is H. L. & P. GAS UNIT still producing?
- H. L. & P. GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for H. L. & P. GAS UNIT is August 2026.
- How much has H. L. & P. GAS UNIT produced?
- H. L. & P. GAS UNIT has reported 944,204 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1994 and August 2026, from 1 wellbore.
- How much is H. L. & P. GAS UNIT worth?
- The remaining production from H. L. & P. GAS UNIT is estimated to be worth about $34K in total as of 26 August 2026, within a range of $27K to $42K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in H. L. & P. GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production H. L. & P. 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 H. L. & P. GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does H. L. & P. GAS UNIT generate in a year?
- H. L. & P. GAS UNIT is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in H. L. & P. GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Miller Energy, Inc. |
|---|---|
| Field | Bear Grass (Travis Peak) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 148367 |
| Wellbores | 1 |
| Reported production | 944,204 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $34K |
Where H. L. & P. 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.