CULLAR UNIT
CULLAR UNIT is a Texas gas lease in Grayson County, Railroad Commission district 09, operated by Chevron U. S. A. Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 3,956,420 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 $601K, with roughly $96K 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 3,398 thousand cubic feet a month. Its strongest month on the record we hold was December 2017, at 5,863 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 CULLAR UNIT
- Who operates CULLAR UNIT?
- CULLAR UNIT is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is CULLAR UNIT?
- CULLAR UNIT is a Texas gas lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 102812.
- Is CULLAR UNIT still producing?
- CULLAR UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CULLAR UNIT is August 2026.
- How much has CULLAR UNIT produced?
- CULLAR UNIT has reported 3,956,420 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CULLAR UNIT worth?
- The remaining production from CULLAR UNIT is estimated to be worth about $601K in total as of 26 August 2026, within a range of $499K to $704K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CULLAR UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CULLAR UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CULLAR UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CULLAR UNIT generate in a year?
- CULLAR UNIT is forecast to net about $96K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CULLAR UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Mineral Creek,West (Viola) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 102812 |
| Wellbores | 1 |
| Reported production | 3,956,420 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $601K |
Where CULLAR 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.