LETOURNEAU GAS UNIT 7
LETOURNEAU GAS UNIT 7 is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by Rme Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from November 2000 to August 2026, totalling 1,474,366 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 $51K, with roughly $8K 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 369 thousand cubic feet a month. Its strongest month on the record we hold was April 2017, at 4,742 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 LETOURNEAU GAS UNIT 7
- Who operates LETOURNEAU GAS UNIT 7?
- LETOURNEAU GAS UNIT 7 is operated by Rme Petroleum Company, Railroad Commission of Texas operator number 714229.
- Where is LETOURNEAU GAS UNIT 7?
- LETOURNEAU GAS UNIT 7 is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 182214.
- Is LETOURNEAU GAS UNIT 7 still producing?
- LETOURNEAU GAS UNIT 7 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LETOURNEAU GAS UNIT 7 is August 2026.
- How much has LETOURNEAU GAS UNIT 7 produced?
- LETOURNEAU GAS UNIT 7 has reported 1,474,366 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2000 and August 2026, from 1 wellbore.
- How much is LETOURNEAU GAS UNIT 7 worth?
- The remaining production from LETOURNEAU GAS UNIT 7 is estimated to be worth about $51K in total as of 27 August 2026, within a range of $40K to $62K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LETOURNEAU GAS UNIT 7 is a fraction of it. The estimate fits an Arps decline curve to the production LETOURNEAU GAS UNIT 7 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LETOURNEAU GAS UNIT 7 is an estimate of value, not an offer and not an appraisal.
- How much income does LETOURNEAU GAS UNIT 7 generate in a year?
- LETOURNEAU GAS UNIT 7 is forecast to net about $8K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LETOURNEAU GAS UNIT 7 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rme Petroleum Company |
|---|---|
| Field | Oak Hill (Cotton Valley) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 182214 |
| Wellbores | 1 |
| Reported production | 1,474,366 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $51K |
Where LETOURNEAU GAS UNIT 7 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.