GUS TIPS GAS UNIT 1
GUS TIPS GAS UNIT 1 is a Texas gas lease in Karnes County, Railroad Commission district 02, operated by Statoil Texas Onshore Prop LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2016 to August 2026, totalling 850,476 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 $954K, with roughly $191K 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 2,329 thousand cubic feet a month. Its strongest month on the record we hold was September 2016, at 113,007 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 GUS TIPS GAS UNIT 1
- Who operates GUS TIPS GAS UNIT 1?
- GUS TIPS GAS UNIT 1 is operated by Statoil Texas Onshore Prop LLC, Railroad Commission of Texas operator number 816437.
- Where is GUS TIPS GAS UNIT 1?
- GUS TIPS GAS UNIT 1 is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 280955.
- Is GUS TIPS GAS UNIT 1 still producing?
- GUS TIPS GAS UNIT 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GUS TIPS GAS UNIT 1 is August 2026.
- How much has GUS TIPS GAS UNIT 1 produced?
- GUS TIPS GAS UNIT 1 has reported 850,476 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2016 and August 2026, from 1 wellbore.
- How much is GUS TIPS GAS UNIT 1 worth?
- The remaining production from GUS TIPS GAS UNIT 1 is estimated to be worth about $954K in total as of 27 August 2026, within a range of $792K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GUS TIPS GAS UNIT 1 is a fraction of it. The estimate fits an Arps decline curve to the production GUS TIPS 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 GUS TIPS GAS UNIT 1 is an estimate of value, not an offer and not an appraisal.
- How much income does GUS TIPS GAS UNIT 1 generate in a year?
- GUS TIPS GAS UNIT 1 is forecast to net about $191K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GUS TIPS GAS UNIT 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Statoil Texas Onshore Prop LLC |
|---|---|
| Field | Sugarkane (Eagle Ford) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 280955 |
| Wellbores | 1 |
| Reported production | 850,476 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $954K |
Where GUS TIPS 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.