GONZALES UNIT

GONZALES UNIT is a Texas gas lease in Hill County, Railroad Commission district 09, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from September 2006 to August 2026, totalling 1,167,013 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 $397K, with roughly $64K 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 2,822 thousand cubic feet a month. Its strongest month on the record we hold was April 2022, at 9,034 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 GONZALES UNIT

Who operates GONZALES UNIT?
GONZALES UNIT is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
Where is GONZALES UNIT?
GONZALES UNIT is a Texas gas lease in Hill County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 224549.
Is GONZALES UNIT still producing?
GONZALES UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GONZALES UNIT is August 2026.
How much has GONZALES UNIT produced?
GONZALES UNIT has reported 1,167,013 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2006 and August 2026, from 1 wellbore.
How much is GONZALES UNIT worth?
The remaining production from GONZALES UNIT is estimated to be worth about $397K in total as of 27 August 2026, within a range of $330K to $465K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GONZALES UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GONZALES UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GONZALES UNIT is an estimate of value, not an offer and not an appraisal.
How much income does GONZALES UNIT generate in a year?
GONZALES UNIT is forecast to net about $64K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GONZALES UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

GONZALES UNIT as filed with the Railroad Commission of Texas
OperatorDevon Energy Production Co, L.P.
FieldNewark, East (Barnett Shale)
CountyHill County, Texas
RRC district09
Lease number224549
Wellbores1
Reported production1,167,013 mcf
First reported
Last reported
Estimated royalty value$397K

Where GONZALES 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.