SMITH, GERY UNIT
SMITH, GERY 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 August 2007 to August 2026, totalling 1,498,392 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 $218K, with roughly $33K 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 1,636 thousand cubic feet a month. Its strongest month on the record we hold was March 2023, at 16,684 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 SMITH, GERY UNIT
- Who operates SMITH, GERY UNIT?
- SMITH, GERY UNIT is operated by Sullivan, Hollis R. Inc., Railroad Commission of Texas operator number 828530.
- Where is SMITH, GERY UNIT?
- SMITH, GERY UNIT is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 238421.
- Is SMITH, GERY UNIT still producing?
- SMITH, GERY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SMITH, GERY UNIT is August 2026.
- How much has SMITH, GERY UNIT produced?
- SMITH, GERY UNIT has reported 1,498,392 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2007 and August 2026, from 1 wellbore.
- How much is SMITH, GERY UNIT worth?
- The remaining production from SMITH, GERY UNIT is estimated to be worth about $218K in total as of 26 August 2026, within a range of $181K to $255K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMITH, GERY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SMITH, GERY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SMITH, GERY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SMITH, GERY UNIT generate in a year?
- SMITH, GERY UNIT is forecast to net about $33K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SMITH, GERY 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 | 238421 |
| Wellbores | 1 |
| Reported production | 1,498,392 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $218K |
Where SMITH, GERY 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.