HAYES UNIT
HAYES UNIT is a Texas gas lease in Gregg County, Railroad Commission district 06, operated by Hunt Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from March 2007 to August 2026, totalling 1,793,438 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 $6K, with roughly $4K 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 481 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 7,612 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 HAYES UNIT
- Who operates HAYES UNIT?
- HAYES UNIT is operated by Hunt Petroleum Corporation, Railroad Commission of Texas operator number 416540.
- Where is HAYES UNIT?
- HAYES UNIT is a Texas gas lease in Gregg County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 226549.
- Is HAYES UNIT still producing?
- HAYES UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HAYES UNIT is August 2026.
- How much has HAYES UNIT produced?
- HAYES UNIT has reported 1,793,438 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2007 and August 2026, from 1 wellbore.
- How much is HAYES UNIT worth?
- The remaining production from HAYES UNIT is estimated to be worth about $6K in total as of 26 August 2026, within a range of $4K to $7K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HAYES UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HAYES UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HAYES UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HAYES UNIT generate in a year?
- HAYES UNIT is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HAYES UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hunt Petroleum Corporation |
|---|---|
| Field | Willow Springs (Cotton Valley) |
| County | Gregg County, Texas |
| RRC district | 06 |
| Lease number | 226549 |
| Wellbores | 1 |
| Reported production | 1,793,438 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $6K |
Where HAYES 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.