GARY GAS UNIT
GARY GAS UNIT 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 March 1998 to August 2026, totalling 892,100 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 $61K, with roughly $11K 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 395 thousand cubic feet a month. Its strongest month on the record we hold was January 2018, at 1,518 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 GARY GAS UNIT
- Who operates GARY GAS UNIT?
- GARY GAS UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is GARY GAS UNIT?
- GARY GAS UNIT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 169253.
- Is GARY GAS UNIT still producing?
- GARY GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GARY GAS UNIT is August 2026.
- How much has GARY GAS UNIT produced?
- GARY GAS UNIT has reported 892,100 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 1998 and August 2026, from 1 wellbore.
- How much is GARY GAS UNIT worth?
- The remaining production from GARY GAS UNIT is estimated to be worth about $61K in total as of 27 August 2026, within a range of $47K to $74K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GARY GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GARY GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GARY GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GARY GAS UNIT generate in a year?
- GARY GAS UNIT is forecast to net about $11K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GARY GAS UNIT 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 | 169253 |
| Wellbores | 1 |
| Reported production | 892,100 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $61K |
Where GARY GAS 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.