MADOLE, A. D., GAS UNIT
MADOLE, A. D., GAS UNIT is a Texas gas lease in Madison County, Railroad Commission district 03, operated by Faulconer, Vernon E., Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,261,578 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 $512K, with roughly $87K 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 734 thousand cubic feet a month. Its strongest month on the record we hold was March 2026, at 3,876 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 MADOLE, A. D., GAS UNIT
- Who operates MADOLE, A. D., GAS UNIT?
- MADOLE, A. D., GAS UNIT is operated by Faulconer, Vernon E., Inc., Railroad Commission of Texas operator number 263701.
- Where is MADOLE, A. D., GAS UNIT?
- MADOLE, A. D., GAS UNIT is a Texas gas lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 007100.
- Is MADOLE, A. D., GAS UNIT still producing?
- MADOLE, A. D., GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MADOLE, A. D., GAS UNIT is August 2026.
- How much has MADOLE, A. D., GAS UNIT produced?
- MADOLE, A. D., GAS UNIT has reported 1,261,578 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MADOLE, A. D., GAS UNIT worth?
- The remaining production from MADOLE, A. D., GAS UNIT is estimated to be worth about $512K in total as of 27 August 2026, within a range of $399K to $625K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MADOLE, A. D., GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MADOLE, A. D., GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MADOLE, A. D., GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MADOLE, A. D., GAS UNIT generate in a year?
- MADOLE, A. D., GAS UNIT is forecast to net about $87K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MADOLE, A. D., GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Faulconer, Vernon E., Inc. |
|---|---|
| Field | Madisonville (Sub-Clark, Gas) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 007100 |
| Wellbores | 1 |
| Reported production | 1,261,578 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $512K |
Where MADOLE, A. D., GAS 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.