CGU 12
CGU 12 is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Union Pacific Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from April 1995 to August 2026, totalling 1,584,988 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 $10K, with roughly $1K 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 90 thousand cubic feet a month. Its strongest month on the record we hold was September 2021, at 965 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 CGU 12
- Who operates CGU 12?
- CGU 12 is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is CGU 12?
- CGU 12 is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 154379.
- Is CGU 12 still producing?
- CGU 12 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CGU 12 is August 2026.
- How much has CGU 12 produced?
- CGU 12 has reported 1,584,988 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 1995 and August 2026, from 1 wellbore.
- How much is CGU 12 worth?
- The remaining production from CGU 12 is estimated to be worth about $10K in total as of 27 August 2026, within a range of $6K to $15K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CGU 12 is a fraction of it. The estimate fits an Arps decline curve to the production CGU 12 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CGU 12 is an estimate of value, not an offer and not an appraisal.
- How much income does CGU 12 generate in a year?
- CGU 12 is forecast to net about $1K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CGU 12 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 154379 |
| Wellbores | 1 |
| Reported production | 1,584,988 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $10K |
Where CGU 12 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.