NANA GAS UNIT NO. 1
NANA GAS UNIT NO. 1 is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Mustang Drilling, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from September 2004 to August 2026, totalling 955,715 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 $21K, with roughly $3K 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 54 thousand cubic feet a month. Its strongest month on the record we hold was December 2017, at 1,557 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 NANA GAS UNIT NO. 1
- Who operates NANA GAS UNIT NO. 1?
- NANA GAS UNIT NO. 1 is operated by Mustang Drilling, Ltd., Railroad Commission of Texas operator number 596875.
- Where is NANA GAS UNIT NO. 1?
- NANA GAS UNIT NO. 1 is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 205026.
- Is NANA GAS UNIT NO. 1 still producing?
- NANA GAS UNIT NO. 1 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for NANA GAS UNIT NO. 1 is August 2026.
- How much has NANA GAS UNIT NO. 1 produced?
- NANA GAS UNIT NO. 1 has reported 955,715 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2004 and August 2026, from 1 wellbore.
- How much is NANA GAS UNIT NO. 1 worth?
- The remaining production from NANA GAS UNIT NO. 1 is estimated to be worth about $21K in total as of 26 August 2026, within a range of $12K to $31K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NANA GAS UNIT NO. 1 is a fraction of it. The estimate fits an Arps decline curve to the production NANA GAS UNIT NO. 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NANA GAS UNIT NO. 1 is an estimate of value, not an offer and not an appraisal.
- How much income does NANA GAS UNIT NO. 1 generate in a year?
- NANA GAS UNIT NO. 1 is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NANA GAS UNIT NO. 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mustang Drilling, Ltd. |
|---|---|
| Field | Minden (Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 205026 |
| Wellbores | 1 |
| Reported production | 955,715 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $21K |
Where NANA GAS UNIT NO. 1 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.