BAXTER UNIT

BAXTER UNIT is a Texas gas lease in Robertson County, Railroad Commission district 05, operated by Matador Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from December 2001 to August 2026, totalling 964,970 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 $16K, with roughly $5K 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 319 thousand cubic feet a month. Its strongest month on the record we hold was April 2017, at 1,795 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 BAXTER UNIT

Who operates BAXTER UNIT?
BAXTER UNIT is operated by Matador Operating Company, Railroad Commission of Texas operator number 532992.
Where is BAXTER UNIT?
BAXTER UNIT is a Texas gas lease in Robertson County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 187656.
Is BAXTER UNIT still producing?
BAXTER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BAXTER UNIT is August 2026.
How much has BAXTER UNIT produced?
BAXTER UNIT has reported 964,970 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2001 and August 2026, from 1 wellbore.
How much is BAXTER UNIT worth?
The remaining production from BAXTER UNIT is estimated to be worth about $16K in total as of 27 August 2026, within a range of $12K to $20K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BAXTER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BAXTER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BAXTER UNIT is an estimate of value, not an offer and not an appraisal.
How much income does BAXTER UNIT generate in a year?
BAXTER UNIT is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BAXTER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BAXTER UNIT as filed with the Railroad Commission of Texas
OperatorMatador Operating Company
FieldBald Prairie (CV Consolidated)
CountyRobertson County, Texas
RRC district05
Lease number187656
Wellbores1
Reported production964,970 mcf
First reported
Last reported
Estimated royalty value$16K

Where BAXTER 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.