ASHBY GAS UNIT
ASHBY GAS UNIT is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Goodrich Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from July 2004 to August 2026, totalling 582,900 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 $3K, with roughly $362 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 27 thousand cubic feet a month. Its strongest month on the record we hold was June 2019, at 164 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 ASHBY GAS UNIT
- Who operates ASHBY GAS UNIT?
- ASHBY GAS UNIT is operated by Goodrich Petroleum Company, Railroad Commission of Texas operator number 314909.
- Where is ASHBY GAS UNIT?
- ASHBY GAS UNIT is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 209881.
- Is ASHBY GAS UNIT still producing?
- ASHBY GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ASHBY GAS UNIT is August 2026.
- How much has ASHBY GAS UNIT produced?
- ASHBY GAS UNIT has reported 582,900 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2004 and August 2026, from 1 wellbore.
- How much is ASHBY GAS UNIT worth?
- The remaining production from ASHBY GAS UNIT is estimated to be worth about $3K in total as of 27 August 2026, within a range of $2K to $4K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ASHBY GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production ASHBY 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 ASHBY GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does ASHBY GAS UNIT generate in a year?
- ASHBY GAS UNIT is forecast to net about $362 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ASHBY GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Goodrich Petroleum Company |
|---|---|
| Field | Church Hill (Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 209881 |
| Wellbores | 1 |
| Reported production | 582,900 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where ASHBY 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.