SNEED GAS UNIT
SNEED GAS UNIT is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Hilcorp Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from February 2025 to August 2026, totalling 287 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 $4K, with roughly $489 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 21 thousand cubic feet a month. Its strongest month on the record we hold was November 2025, at 32 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 SNEED GAS UNIT
- Who operates SNEED GAS UNIT?
- SNEED GAS UNIT is operated by Hilcorp Energy Company, Railroad Commission of Texas operator number 386310.
- Where is SNEED GAS UNIT?
- SNEED GAS UNIT is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 299338.
- Is SNEED GAS UNIT still producing?
- SNEED GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SNEED GAS UNIT is August 2026.
- How much has SNEED GAS UNIT produced?
- SNEED GAS UNIT has reported 287 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2025 and August 2026, from 1 wellbore.
- How much is SNEED GAS UNIT worth?
- The remaining production from SNEED GAS UNIT is estimated to be worth about $4K in total as of 26 August 2026, within a range of $2K to $6K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SNEED GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SNEED 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 SNEED GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SNEED GAS UNIT generate in a year?
- SNEED GAS UNIT is forecast to net about $489 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SNEED GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hilcorp Energy Company |
|---|---|
| Field | Reed (Rodessa) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 299338 |
| Wellbores | 1 |
| Reported production | 287 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where SNEED 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.