PHOENIX UNIT
PHOENIX 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 August 2023 to August 2026, totalling 540,032 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 $4.8M, with roughly $1.3M 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 6,945 thousand cubic feet a month. Its strongest month on the record we hold was September 2023, at 77,926 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 PHOENIX UNIT
- Who operates PHOENIX UNIT?
- PHOENIX UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is PHOENIX UNIT?
- PHOENIX UNIT is a Texas gas lease in Gonzales County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 296555.
- Is PHOENIX UNIT still producing?
- PHOENIX UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PHOENIX UNIT is August 2026.
- How much has PHOENIX UNIT produced?
- PHOENIX UNIT has reported 540,032 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2023 and August 2026, from 1 wellbore.
- How much is PHOENIX UNIT worth?
- The remaining production from PHOENIX UNIT is estimated to be worth about $4.8M in total as of 26 August 2026, within a range of $4.0M to $5.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PHOENIX UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PHOENIX UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PHOENIX UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PHOENIX UNIT generate in a year?
- PHOENIX UNIT is forecast to net about $1.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PHOENIX 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 | 296555 |
| Wellbores | 1 |
| Reported production | 540,032 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.8M |
Where PHOENIX 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.