RICKS LIVING TRUST GU2
RICKS LIVING TRUST GU2 is a Texas gas lease in Karnes County, Railroad Commission district 02, operated by Repsol Oil & Gas USA, LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2022 to August 2026, totalling 925,988 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 $2.1M, with roughly $421K 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 6,681 thousand cubic feet a month. Its strongest month on the record we hold was December 2022, at 99,174 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 RICKS LIVING TRUST GU2
- Who operates RICKS LIVING TRUST GU2?
- RICKS LIVING TRUST GU2 is operated by Repsol Oil & Gas USA, LLC, Railroad Commission of Texas operator number 703462.
- Where is RICKS LIVING TRUST GU2?
- RICKS LIVING TRUST GU2 is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 294563.
- Is RICKS LIVING TRUST GU2 still producing?
- RICKS LIVING TRUST GU2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RICKS LIVING TRUST GU2 is August 2026.
- How much has RICKS LIVING TRUST GU2 produced?
- RICKS LIVING TRUST GU2 has reported 925,988 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2022 and August 2026, from 1 wellbore.
- How much is RICKS LIVING TRUST GU2 worth?
- The remaining production from RICKS LIVING TRUST GU2 is estimated to be worth about $2.1M in total as of 27 August 2026, within a range of $1.8M to $2.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RICKS LIVING TRUST GU2 is a fraction of it. The estimate fits an Arps decline curve to the production RICKS LIVING TRUST GU2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RICKS LIVING TRUST GU2 is an estimate of value, not an offer and not an appraisal.
- How much income does RICKS LIVING TRUST GU2 generate in a year?
- RICKS LIVING TRUST GU2 is forecast to net about $421K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RICKS LIVING TRUST GU2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Repsol Oil & Gas USA, LLC |
|---|---|
| Field | Sugarkane (Eagle Ford) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 294563 |
| Wellbores | 1 |
| Reported production | 925,988 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.1M |
Where RICKS LIVING TRUST GU2 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.