PHILLIPPE GU1

PHILLIPPE GU1 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 December 2014 to August 2026, totalling 412,970 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 $41K, with roughly $8K 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 646 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 7,641 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 PHILLIPPE GU1

Who operates PHILLIPPE GU1?
PHILLIPPE GU1 is operated by Statoil Texas Onshore Prop LLC, Railroad Commission of Texas operator number 816437.
Where is PHILLIPPE GU1?
PHILLIPPE GU1 is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 278530.
Is PHILLIPPE GU1 still producing?
PHILLIPPE GU1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PHILLIPPE GU1 is August 2026.
How much has PHILLIPPE GU1 produced?
PHILLIPPE GU1 has reported 412,970 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2014 and August 2026, from 1 wellbore.
How much is PHILLIPPE GU1 worth?
The remaining production from PHILLIPPE GU1 is estimated to be worth about $41K in total as of 27 August 2026, within a range of $32K to $50K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PHILLIPPE GU1 is a fraction of it. The estimate fits an Arps decline curve to the production PHILLIPPE GU1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PHILLIPPE GU1 is an estimate of value, not an offer and not an appraisal.
How much income does PHILLIPPE GU1 generate in a year?
PHILLIPPE GU1 is forecast to net about $8K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PHILLIPPE GU1 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

PHILLIPPE GU1 as filed with the Railroad Commission of Texas
OperatorStatoil Texas Onshore Prop LLC
FieldSugarkane (Eagle Ford)
CountyKarnes County, Texas
RRC district02
Lease number278530
Wellbores1
Reported production412,970 mcf
First reported
Last reported
Estimated royalty value$41K

Where PHILLIPPE GU1 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.