FLEET UNIT

FLEET UNIT is a Texas gas lease in Johnson County, Railroad Commission district 09, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2008 to August 2026, totalling 1,911,574 thousand cubic feet. The lease is intermittent. 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 $4K, with roughly $566 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 11 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 4,566 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 FLEET UNIT

Who operates FLEET UNIT?
FLEET UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
Where is FLEET UNIT?
FLEET UNIT is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 239721.
Is FLEET UNIT still producing?
FLEET UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for FLEET UNIT is August 2026.
How much has FLEET UNIT produced?
FLEET UNIT has reported 1,911,574 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2008 and August 2026, from 1 wellbore.
How much is FLEET UNIT worth?
The remaining production from FLEET UNIT is estimated to be worth about $4K in total as of 26 August 2026, within a range of $2K to $6K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FLEET UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FLEET UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FLEET UNIT is an estimate of value, not an offer and not an appraisal.
How much income does FLEET UNIT generate in a year?
FLEET UNIT is forecast to net about $566 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FLEET UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

FLEET UNIT as filed with the Railroad Commission of Texas
OperatorEog Resources, Inc.
FieldNewark, East (Barnett Shale)
CountyJohnson County, Texas
RRC district09
Lease number239721
Wellbores1
Reported production1,911,574 mcf
First reported
Last reported
Estimated royalty value$4K

Where FLEET 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.