WORSHAM UNIT
WORSHAM UNIT is a Texas gas lease in Madison County, Railroad Commission district 03, operated by Rme Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from May 2002 to August 2026, totalling 1,785,655 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 $269K, with roughly $53K 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 2,335 thousand cubic feet a month. Its strongest month on the record we hold was August 2018, at 6,468 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 WORSHAM UNIT
- Who operates WORSHAM UNIT?
- WORSHAM UNIT is operated by Rme Petroleum Company, Railroad Commission of Texas operator number 714229.
- Where is WORSHAM UNIT?
- WORSHAM UNIT is a Texas gas lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 189848.
- Is WORSHAM UNIT still producing?
- WORSHAM UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WORSHAM UNIT is August 2026.
- How much has WORSHAM UNIT produced?
- WORSHAM UNIT has reported 1,785,655 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2002 and August 2026, from 1 wellbore.
- How much is WORSHAM UNIT worth?
- The remaining production from WORSHAM UNIT is estimated to be worth about $269K in total as of 26 August 2026, within a range of $223K to $315K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WORSHAM UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WORSHAM UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WORSHAM UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WORSHAM UNIT generate in a year?
- WORSHAM UNIT is forecast to net about $53K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WORSHAM UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rme Petroleum Company |
|---|---|
| Field | Mossy Grove (Glen Rose) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 189848 |
| Wellbores | 1 |
| Reported production | 1,785,655 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $269K |
Where WORSHAM 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.