GUS TIPS-RUNGE 1
GUS TIPS-RUNGE 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 1,288,936 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 $889K, with roughly $177K 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 2,393 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 126,693 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-RUNGE 1
- Who operates GUS TIPS-RUNGE 1?
- GUS TIPS-RUNGE 1 is operated by Statoil Texas Onshore Prop LLC, Railroad Commission of Texas operator number 816437.
- Where is GUS TIPS-RUNGE 1?
- GUS TIPS-RUNGE 1 is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 281276.
- Is GUS TIPS-RUNGE 1 still producing?
- GUS TIPS-RUNGE 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GUS TIPS-RUNGE 1 is August 2026.
- How much has GUS TIPS-RUNGE 1 produced?
- GUS TIPS-RUNGE 1 has reported 1,288,936 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-RUNGE 1 worth?
- The remaining production from GUS TIPS-RUNGE 1 is estimated to be worth about $889K in total as of 27 August 2026, within a range of $738K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GUS TIPS-RUNGE 1 is a fraction of it. The estimate fits an Arps decline curve to the production GUS TIPS-RUNGE 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-RUNGE 1 is an estimate of value, not an offer and not an appraisal.
- How much income does GUS TIPS-RUNGE 1 generate in a year?
- GUS TIPS-RUNGE 1 is forecast to net about $177K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GUS TIPS-RUNGE 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 | 281276 |
| Wellbores | 1 |
| Reported production | 1,288,936 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $889K |
Where GUS TIPS-RUNGE 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.