GREGORY UNIT

GREGORY UNIT is a Texas gas lease in Montague County, Railroad Commission district 09, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2014 to August 2026, totalling 1,109,012 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 $186K, with roughly $56K 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 2,954 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 15,639 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 GREGORY UNIT

Who operates GREGORY UNIT?
GREGORY UNIT is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
Where is GREGORY UNIT?
GREGORY UNIT is a Texas gas lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 273645.
Is GREGORY UNIT still producing?
GREGORY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GREGORY UNIT is August 2026.
How much has GREGORY UNIT produced?
GREGORY UNIT has reported 1,109,012 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2014 and August 2026, from 1 wellbore.
How much is GREGORY UNIT worth?
The remaining production from GREGORY UNIT is estimated to be worth about $186K in total as of 26 August 2026, within a range of $155K to $218K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GREGORY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GREGORY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GREGORY UNIT is an estimate of value, not an offer and not an appraisal.
How much income does GREGORY UNIT generate in a year?
GREGORY UNIT is forecast to net about $56K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GREGORY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

GREGORY UNIT as filed with the Railroad Commission of Texas
OperatorPioneer Natural Res. USA, Inc.
FieldNewark, East (Barnett Shale)
CountyMontague County, Texas
RRC district09
Lease number273645
Wellbores1
Reported production1,109,012 mcf
First reported
Last reported
Estimated royalty value$186K

Where GREGORY 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.