GILBERT -A- UNIT
GILBERT -A- UNIT is a Texas gas lease in Parker County, Railroad Commission district 7B, operated by Citation Oil & Gas Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 465,527 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 $12K, 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 49 thousand cubic feet a month. Its strongest month on the record we hold was October 2021, at 281 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 GILBERT -A- UNIT
- Who operates GILBERT -A- UNIT?
- GILBERT -A- UNIT is operated by Citation Oil & Gas Corp., Railroad Commission of Texas operator number 154235.
- Where is GILBERT -A- UNIT?
- GILBERT -A- UNIT is a Texas gas lease in Parker County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 017389.
- Is GILBERT -A- UNIT still producing?
- GILBERT -A- UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GILBERT -A- UNIT is August 2026.
- How much has GILBERT -A- UNIT produced?
- GILBERT -A- UNIT has reported 465,527 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GILBERT -A- UNIT worth?
- The remaining production from GILBERT -A- UNIT is estimated to be worth about $12K in total as of 26 August 2026, within a range of $7K to $17K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GILBERT -A- UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GILBERT -A- UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GILBERT -A- UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GILBERT -A- UNIT generate in a year?
- GILBERT -A- UNIT is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GILBERT -A- UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Citation Oil & Gas Corp. |
|---|---|
| Field | Brazos, East (Caddo) |
| County | Parker County, Texas |
| RRC district | 7B |
| Lease number | 017389 |
| Wellbores | 1 |
| Reported production | 465,527 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $12K |
Where GILBERT -A- 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.