CHEAPSIDE UNIT
CHEAPSIDE UNIT is a Texas gas lease in Gonzales County, Railroad Commission district 01, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2014 to August 2026, totalling 839,030 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 $2.4M, with roughly $470K 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 6,286 thousand cubic feet a month. Its strongest month on the record we hold was February 2018, at 12,327 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 CHEAPSIDE UNIT
- Who operates CHEAPSIDE UNIT?
- CHEAPSIDE UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is CHEAPSIDE UNIT?
- CHEAPSIDE UNIT is a Texas gas lease in Gonzales County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 294925.
- Is CHEAPSIDE UNIT still producing?
- CHEAPSIDE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHEAPSIDE UNIT is August 2026.
- How much has CHEAPSIDE UNIT produced?
- CHEAPSIDE UNIT has reported 839,030 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2014 and August 2026, from 1 wellbore.
- How much is CHEAPSIDE UNIT worth?
- The remaining production from CHEAPSIDE UNIT is estimated to be worth about $2.4M in total as of 27 August 2026, within a range of $2.0M to $2.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHEAPSIDE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CHEAPSIDE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHEAPSIDE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CHEAPSIDE UNIT generate in a year?
- CHEAPSIDE UNIT is forecast to net about $470K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHEAPSIDE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Gonzales County, Texas |
| RRC district | 01 |
| Lease number | 294925 |
| Wellbores | 1 |
| Reported production | 839,030 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.4M |
Where CHEAPSIDE 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.