CGU 33

CGU 33 is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Anadarko E&P Company LP. It has 1 wellbore on file with the Commission. Reported production runs from August 2004 to August 2026, totalling 1,747,231 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 $351K, with roughly $60K 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 2,554 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 4,970 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 CGU 33

Who operates CGU 33?
CGU 33 is operated by Anadarko E&P Company LP, Railroad Commission of Texas operator number 020542.
Where is CGU 33?
CGU 33 is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 204882.
Is CGU 33 still producing?
CGU 33 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CGU 33 is August 2026.
How much has CGU 33 produced?
CGU 33 has reported 1,747,231 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2004 and August 2026, from 1 wellbore.
How much is CGU 33 worth?
The remaining production from CGU 33 is estimated to be worth about $351K in total as of 27 August 2026, within a range of $291K to $410K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CGU 33 is a fraction of it. The estimate fits an Arps decline curve to the production CGU 33 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CGU 33 is an estimate of value, not an offer and not an appraisal.
How much income does CGU 33 generate in a year?
CGU 33 is forecast to net about $60K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CGU 33 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CGU 33 as filed with the Railroad Commission of Texas
OperatorAnadarko E&P Company LP
FieldCarthage (Cotton Valley)
CountyPanola County, Texas
RRC district06
Lease number204882
Wellbores1
Reported production1,747,231 mcf
First reported
Last reported
Estimated royalty value$351K

Where CGU 33 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.