HUGHES GAS UNIT
HUGHES GAS UNIT is a Texas gas lease in Parker County, Railroad Commission district 7B, operated by Spindletop Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 635,258 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 $165K, with roughly $27K 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 939 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 2,619 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 HUGHES GAS UNIT
- Who operates HUGHES GAS UNIT?
- HUGHES GAS UNIT is operated by Spindletop Oil & Gas Company, Railroad Commission of Texas operator number 809930.
- Where is HUGHES GAS UNIT?
- HUGHES GAS UNIT is a Texas gas lease in Parker County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 086426.
- Is HUGHES GAS UNIT still producing?
- HUGHES GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HUGHES GAS UNIT is August 2026.
- How much has HUGHES GAS UNIT produced?
- HUGHES GAS UNIT has reported 635,258 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is HUGHES GAS UNIT worth?
- The remaining production from HUGHES GAS UNIT is estimated to be worth about $165K in total as of 27 August 2026, within a range of $128K to $201K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HUGHES GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HUGHES 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 HUGHES GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HUGHES GAS UNIT generate in a year?
- HUGHES GAS UNIT is forecast to net about $27K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HUGHES GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Spindletop Oil & Gas Company |
|---|---|
| Field | Reno (Congl.) |
| County | Parker County, Texas |
| RRC district | 7B |
| Lease number | 086426 |
| Wellbores | 1 |
| Reported production | 635,258 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $165K |
Where HUGHES 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.