GERY SMITH UNIT
GERY SMITH UNIT is a Texas gas lease in Johnson County, Railroad Commission district 09, operated by Sullivan, Hollis R. Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2007 to August 2026, totalling 3,667,001 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 $398K, with roughly $79K 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 3,668 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 9,675 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 GERY SMITH UNIT
- Who operates GERY SMITH UNIT?
- GERY SMITH UNIT is operated by Sullivan, Hollis R. Inc., Railroad Commission of Texas operator number 828530.
- Where is GERY SMITH UNIT?
- GERY SMITH UNIT is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 241201.
- Is GERY SMITH UNIT still producing?
- GERY SMITH UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GERY SMITH UNIT is August 2026.
- How much has GERY SMITH UNIT produced?
- GERY SMITH UNIT has reported 3,667,001 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2007 and August 2026, from 1 wellbore.
- How much is GERY SMITH UNIT worth?
- The remaining production from GERY SMITH UNIT is estimated to be worth about $398K in total as of 26 August 2026, within a range of $331K to $466K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GERY SMITH UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GERY SMITH UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GERY SMITH UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GERY SMITH UNIT generate in a year?
- GERY SMITH UNIT is forecast to net about $79K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GERY SMITH UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sullivan, Hollis R. Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Johnson County, Texas |
| RRC district | 09 |
| Lease number | 241201 |
| Wellbores | 1 |
| Reported production | 3,667,001 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $398K |
Where GERY SMITH 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.