SEAGULL UNIT
SEAGULL 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 February 2016 to August 2026, totalling 1,644,836 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 $1.1M, with roughly $315K 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 3,277 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 98,417 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 SEAGULL UNIT
- Who operates SEAGULL UNIT?
- SEAGULL UNIT is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is SEAGULL UNIT?
- SEAGULL UNIT is a Texas gas lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 289420.
- Is SEAGULL UNIT still producing?
- SEAGULL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SEAGULL UNIT is August 2026.
- How much has SEAGULL UNIT produced?
- SEAGULL UNIT has reported 1,644,836 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2016 and August 2026, from 1 wellbore.
- How much is SEAGULL UNIT worth?
- The remaining production from SEAGULL UNIT is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $891K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SEAGULL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SEAGULL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SEAGULL UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SEAGULL UNIT generate in a year?
- SEAGULL UNIT is forecast to net about $315K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SEAGULL 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 | 289420 |
| Wellbores | 1 |
| Reported production | 1,644,836 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where SEAGULL 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.