NESBITT, STROUD B. GAS UNIT
NESBITT, STROUD B. GAS UNIT is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by BP America Production Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2012 to August 2026, totalling 1,670,786 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 $510K, with roughly $83K 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 3,340 thousand cubic feet a month. Its strongest month on the record we hold was December 2016, at 9,414 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 NESBITT, STROUD B. GAS UNIT
- Who operates NESBITT, STROUD B. GAS UNIT?
- NESBITT, STROUD B. GAS UNIT is operated by BP America Production Company, Railroad Commission of Texas operator number 040798.
- Where is NESBITT, STROUD B. GAS UNIT?
- NESBITT, STROUD B. GAS UNIT is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 264948.
- Is NESBITT, STROUD B. GAS UNIT still producing?
- NESBITT, STROUD B. GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NESBITT, STROUD B. GAS UNIT is August 2026.
- How much has NESBITT, STROUD B. GAS UNIT produced?
- NESBITT, STROUD B. GAS UNIT has reported 1,670,786 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2012 and August 2026, from 1 wellbore.
- How much is NESBITT, STROUD B. GAS UNIT worth?
- The remaining production from NESBITT, STROUD B. GAS UNIT is estimated to be worth about $510K in total as of 27 August 2026, within a range of $423K to $597K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NESBITT, STROUD B. GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NESBITT, STROUD B. GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NESBITT, STROUD B. GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NESBITT, STROUD B. GAS UNIT generate in a year?
- NESBITT, STROUD B. GAS UNIT is forecast to net about $83K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NESBITT, STROUD B. GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BP America Production Company |
|---|---|
| Field | Woodlawn (Cotton Valley) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 264948 |
| Wellbores | 1 |
| Reported production | 1,670,786 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $510K |
Where NESBITT, STROUD B. GAS 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.