OVERTON GAS UNIT
OVERTON GAS UNIT is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Nuevo Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 862,817 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 $82K, 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 503 thousand cubic feet a month. Its strongest month on the record we hold was May 2017, at 4,458 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 OVERTON GAS UNIT
- Who operates OVERTON GAS UNIT?
- OVERTON GAS UNIT is operated by Nuevo Energy Company, Railroad Commission of Texas operator number 616202.
- Where is OVERTON GAS UNIT?
- OVERTON GAS UNIT is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 096685.
- Is OVERTON GAS UNIT still producing?
- OVERTON GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OVERTON GAS UNIT is August 2026.
- How much has OVERTON GAS UNIT produced?
- OVERTON GAS UNIT has reported 862,817 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is OVERTON GAS UNIT worth?
- The remaining production from OVERTON GAS UNIT is estimated to be worth about $82K in total as of 27 August 2026, within a range of $64K to $100K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OVERTON GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production OVERTON 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 OVERTON GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does OVERTON GAS UNIT generate in a year?
- OVERTON GAS UNIT 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 OVERTON GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Nuevo Energy Company |
|---|---|
| Field | Oak Hill (Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 096685 |
| Wellbores | 1 |
| Reported production | 862,817 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $82K |
Where OVERTON 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.