TEAGUE
TEAGUE 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 July 2012 to August 2026, totalling 854,060 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 $516K, with roughly $88K 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 2,480 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 5,683 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 TEAGUE
- Who operates TEAGUE?
- TEAGUE is operated by Unit Petroleum Company, Railroad Commission of Texas operator number 877099.
- Where is TEAGUE?
- TEAGUE is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 268025.
- Is TEAGUE still producing?
- TEAGUE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEAGUE is August 2026.
- How much has TEAGUE produced?
- TEAGUE has reported 854,060 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2012 and August 2026, from 1 wellbore.
- How much is TEAGUE worth?
- The remaining production from TEAGUE is estimated to be worth about $516K in total as of 26 August 2026, within a range of $428K to $604K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEAGUE is a fraction of it. The estimate fits an Arps decline curve to the production TEAGUE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEAGUE is an estimate of value, not an offer and not an appraisal.
- How much income does TEAGUE generate in a year?
- TEAGUE is forecast to net about $88K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TEAGUE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Unit Petroleum Company |
|---|---|
| Field | Hemphill (Granite Wash.) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 268025 |
| Wellbores | 1 |
| Reported production | 854,060 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $516K |
Where TEAGUE 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.