SECTION 14 STATE GAS UNIT
SECTION 14 STATE GAS UNIT is a Texas gas lease in Pecos County, Railroad Commission district 08, operated by Chevron U. S. A. Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 6,994,845 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 $881K, with roughly $159K 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 7,411 thousand cubic feet a month. Its strongest month on the record we hold was September 2019, at 20,882 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 SECTION 14 STATE GAS UNIT
- Who operates SECTION 14 STATE GAS UNIT?
- SECTION 14 STATE GAS UNIT is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is SECTION 14 STATE GAS UNIT?
- SECTION 14 STATE GAS UNIT is a Texas gas lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 080334.
- Is SECTION 14 STATE GAS UNIT still producing?
- SECTION 14 STATE GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SECTION 14 STATE GAS UNIT is August 2026.
- How much has SECTION 14 STATE GAS UNIT produced?
- SECTION 14 STATE GAS UNIT has reported 6,994,845 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SECTION 14 STATE GAS UNIT worth?
- The remaining production from SECTION 14 STATE GAS UNIT is estimated to be worth about $881K in total as of 27 August 2026, within a range of $731K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SECTION 14 STATE GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SECTION 14 STATE 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 SECTION 14 STATE GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SECTION 14 STATE GAS UNIT generate in a year?
- SECTION 14 STATE GAS UNIT is forecast to net about $159K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SECTION 14 STATE GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Rojo Caballos, South (Devonian) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 080334 |
| Wellbores | 1 |
| Reported production | 6,994,845 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $881K |
Where SECTION 14 STATE 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.