GAR UNIT
GAR UNIT is a Texas gas lease in Loving County, Railroad Commission district 08, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from August 2024 to August 2026, totalling 1,733,959 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 $12.7M, with roughly $7.4M 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 62,023 thousand cubic feet a month. Its strongest month on the record we hold was October 2024, at 146,013 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 GAR UNIT
- Who operates GAR UNIT?
- GAR UNIT is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is GAR UNIT?
- GAR UNIT is a Texas gas lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 300252.
- Is GAR UNIT still producing?
- GAR UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GAR UNIT is August 2026.
- How much has GAR UNIT produced?
- GAR UNIT has reported 1,733,959 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2024 and August 2026, from 1 wellbore.
- How much is GAR UNIT worth?
- The remaining production from GAR UNIT is estimated to be worth about $12.7M in total as of 26 August 2026, within a range of $10.4M to $15.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GAR UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GAR UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GAR UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GAR UNIT generate in a year?
- GAR UNIT is forecast to net about $7.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GAR UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 300252 |
| Wellbores | 1 |
| Reported production | 1,733,959 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $12.7M |
Where GAR UNIT 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.