RUNNELS UNIT
RUNNELS UNIT is a Texas gas lease in Montague County, Railroad Commission district 09, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2015 to August 2026, totalling 885,645 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 $776K, with roughly $134K 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 4,791 thousand cubic feet a month. Its strongest month on the record we hold was May 2017, at 17,197 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 RUNNELS UNIT
- Who operates RUNNELS UNIT?
- RUNNELS UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is RUNNELS UNIT?
- RUNNELS UNIT is a Texas gas lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 278712.
- Is RUNNELS UNIT still producing?
- RUNNELS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RUNNELS UNIT is August 2026.
- How much has RUNNELS UNIT produced?
- RUNNELS UNIT has reported 885,645 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2015 and August 2026, from 1 wellbore.
- How much is RUNNELS UNIT worth?
- The remaining production from RUNNELS UNIT is estimated to be worth about $776K in total as of 27 August 2026, within a range of $644K to $908K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RUNNELS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production RUNNELS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RUNNELS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does RUNNELS UNIT generate in a year?
- RUNNELS UNIT is forecast to net about $134K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RUNNELS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 278712 |
| Wellbores | 1 |
| Reported production | 885,645 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $776K |
Where RUNNELS 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.