STEELE GAS UNIT NO. 2
STEELE GAS UNIT NO. 2 is a Texas gas lease in Robertson County, Railroad Commission district 05, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2008 to August 2026, totalling 673,717 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 $53K, with roughly $13K 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 865 thousand cubic feet a month. Its strongest month on the record we hold was February 2025, at 4,991 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 STEELE GAS UNIT NO. 2
- Who operates STEELE GAS UNIT NO. 2?
- STEELE GAS UNIT NO. 2 is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is STEELE GAS UNIT NO. 2?
- STEELE GAS UNIT NO. 2 is a Texas gas lease in Robertson County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 241824.
- Is STEELE GAS UNIT NO. 2 still producing?
- STEELE GAS UNIT NO. 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEELE GAS UNIT NO. 2 is August 2026.
- How much has STEELE GAS UNIT NO. 2 produced?
- STEELE GAS UNIT NO. 2 has reported 673,717 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2008 and August 2026, from 1 wellbore.
- How much is STEELE GAS UNIT NO. 2 worth?
- The remaining production from STEELE GAS UNIT NO. 2 is estimated to be worth about $53K in total as of 27 August 2026, within a range of $41K to $64K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEELE GAS UNIT NO. 2 is a fraction of it. The estimate fits an Arps decline curve to the production STEELE GAS UNIT NO. 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEELE GAS UNIT NO. 2 is an estimate of value, not an offer and not an appraisal.
- How much income does STEELE GAS UNIT NO. 2 generate in a year?
- STEELE GAS UNIT NO. 2 is forecast to net about $13K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STEELE GAS UNIT NO. 2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Bald Prairie (CV Consolidated) |
| County | Robertson County, Texas |
| RRC district | 05 |
| Lease number | 241824 |
| Wellbores | 1 |
| Reported production | 673,717 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $53K |
Where STEELE GAS UNIT NO. 2 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.