CHERRY GAS UNIT
CHERRY GAS UNIT is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Eland Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 703,824 thousand cubic feet. The lease is intermittent. 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 $12K, with roughly $2K 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 43 thousand cubic feet a month. Its strongest month on the record we hold was November 2017, at 1,279 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 CHERRY GAS UNIT
- Who operates CHERRY GAS UNIT?
- CHERRY GAS UNIT is operated by Eland Energy, Inc., Railroad Commission of Texas operator number 246565.
- Where is CHERRY GAS UNIT?
- CHERRY GAS UNIT is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 115306.
- Is CHERRY GAS UNIT still producing?
- CHERRY GAS UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for CHERRY GAS UNIT is August 2026.
- How much has CHERRY GAS UNIT produced?
- CHERRY GAS UNIT has reported 703,824 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CHERRY GAS UNIT worth?
- The remaining production from CHERRY GAS UNIT is estimated to be worth about $12K in total as of 27 August 2026, within a range of $7K to $17K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHERRY GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CHERRY 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 CHERRY GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CHERRY GAS UNIT generate in a year?
- CHERRY GAS UNIT is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHERRY GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eland Energy, Inc. |
|---|---|
| Field | Tatum, N.W. (Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 115306 |
| Wellbores | 1 |
| Reported production | 703,824 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $12K |
Where CHERRY 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.