FALKS GAS UNIT 1
FALKS GAS UNIT 1 is a Texas gas lease in Karnes County, Railroad Commission district 02, operated by Equinor Texas Onshore Prop LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2019 to August 2026, totalling 1,947,385 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 $562K, with roughly $194K 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 5,212 thousand cubic feet a month. Its strongest month on the record we hold was July 2019, at 183,263 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 FALKS GAS UNIT 1
- Who operates FALKS GAS UNIT 1?
- FALKS GAS UNIT 1 is operated by Equinor Texas Onshore Prop LLC, Railroad Commission of Texas operator number 253413.
- Where is FALKS GAS UNIT 1?
- FALKS GAS UNIT 1 is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 287638.
- Is FALKS GAS UNIT 1 still producing?
- FALKS GAS UNIT 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FALKS GAS UNIT 1 is August 2026.
- How much has FALKS GAS UNIT 1 produced?
- FALKS GAS UNIT 1 has reported 1,947,385 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2019 and August 2026, from 1 wellbore.
- How much is FALKS GAS UNIT 1 worth?
- The remaining production from FALKS GAS UNIT 1 is estimated to be worth about $562K in total as of 26 August 2026, within a range of $466K to $657K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FALKS GAS UNIT 1 is a fraction of it. The estimate fits an Arps decline curve to the production FALKS GAS UNIT 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FALKS GAS UNIT 1 is an estimate of value, not an offer and not an appraisal.
- How much income does FALKS GAS UNIT 1 generate in a year?
- FALKS GAS UNIT 1 is forecast to net about $194K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FALKS GAS UNIT 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Equinor Texas Onshore Prop LLC |
|---|---|
| Field | Sugarkane (Austin Chalk) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 287638 |
| Wellbores | 1 |
| Reported production | 1,947,385 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $562K |
Where FALKS GAS UNIT 1 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.