CHEROKEE LAKE UNIT NO. 1

CHEROKEE LAKE UNIT NO. 1 is a Texas gas lease in Gregg County, Railroad Commission district 06, operated by Verado Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2003 to August 2026, totalling 2,369,800 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 $353K, with roughly $56K 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 2,430 thousand cubic feet a month. Its strongest month on the record we hold was January 2017, at 4,501 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 CHEROKEE LAKE UNIT NO. 1

Who operates CHEROKEE LAKE UNIT NO. 1?: CHEROKEE LAKE UNIT NO. 1 is operated by Verado Energy, Inc., Railroad Commission of Texas operator number 884563.
Where is CHEROKEE LAKE UNIT NO. 1?: CHEROKEE LAKE UNIT NO. 1 is a Texas gas lease in Gregg County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 199952.
Is CHEROKEE LAKE UNIT NO. 1 still producing?: CHEROKEE LAKE UNIT NO. 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHEROKEE LAKE UNIT NO. 1 is August 2026.
How much has CHEROKEE LAKE UNIT NO. 1 produced?: CHEROKEE LAKE UNIT NO. 1 has reported 2,369,800 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2003 and August 2026, from 1 wellbore.
How much is CHEROKEE LAKE UNIT NO. 1 worth?: The remaining production from CHEROKEE LAKE UNIT NO. 1 is estimated to be worth about $353K in total as of 27 August 2026, within a range of $293K to $413K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHEROKEE LAKE UNIT NO. 1 is a fraction of it. The estimate fits an Arps decline curve to the production CHEROKEE LAKE UNIT NO. 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHEROKEE LAKE UNIT NO. 1 is an estimate of value, not an offer and not an appraisal.
How much income does CHEROKEE LAKE UNIT NO. 1 generate in a year?: CHEROKEE LAKE UNIT NO. 1 is forecast to net about $56K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHEROKEE LAKE UNIT NO. 1 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CHEROKEE LAKE UNIT NO. 1 as filed with the Railroad Commission of Texas
Operator	Verado Energy, Inc.
Field	Oak Hill, S.(Cotton Valley)
County	Gregg County, Texas
RRC district	06
Lease number	199952
Wellbores	1
Reported production	2,369,800 mcf
First reported	November 2003
Last reported	August 2026
Estimated royalty value	$353K

Where CHEROKEE LAKE UNIT NO. 1 sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.