NOAH
NOAH is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Unit Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from November 2013 to August 2026, totalling 5,784,758 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 $2.0M, with roughly $380K 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 13,430 thousand cubic feet a month. Its strongest month on the record we hold was July 2017, at 51,711 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 NOAH
- Who operates NOAH?
- NOAH is operated by Unit Petroleum Company, Railroad Commission of Texas operator number 877099.
- Where is NOAH?
- NOAH is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 276189.
- Is NOAH still producing?
- NOAH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NOAH is August 2026.
- How much has NOAH produced?
- NOAH has reported 5,784,758 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2013 and August 2026, from 1 wellbore.
- How much is NOAH worth?
- The remaining production from NOAH is estimated to be worth about $2.0M in total as of 26 August 2026, within a range of $1.6M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NOAH is a fraction of it. The estimate fits an Arps decline curve to the production NOAH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NOAH is an estimate of value, not an offer and not an appraisal.
- How much income does NOAH generate in a year?
- NOAH is forecast to net about $380K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NOAH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Unit Petroleum Company |
|---|---|
| Field | Buffalo Wallow (Granite Wash) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 276189 |
| Wellbores | 1 |
| Reported production | 5,784,758 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.0M |
Where NOAH 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.