RICE GU
RICE GU 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 March 2007 to August 2026, totalling 484,075 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 $64K, with roughly $10K 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 299 thousand cubic feet a month. Its strongest month on the record we hold was June 2025, at 963 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 RICE GU
- Who operates RICE GU?
- RICE GU is operated by Goodrich Petroleum Company, Railroad Commission of Texas operator number 314909.
- Where is RICE GU?
- RICE GU is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 230114.
- Is RICE GU still producing?
- RICE GU is intermittent. The most recent month of production reported to the Railroad Commission of Texas for RICE GU is August 2026.
- How much has RICE GU produced?
- RICE GU has reported 484,075 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2007 and August 2026, from 1 wellbore.
- How much is RICE GU worth?
- The remaining production from RICE GU is estimated to be worth about $64K in total as of 27 August 2026, within a range of $50K to $78K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RICE GU is a fraction of it. The estimate fits an Arps decline curve to the production RICE GU has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RICE GU is an estimate of value, not an offer and not an appraisal.
- How much income does RICE GU generate in a year?
- RICE GU is forecast to net about $10K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RICE GU receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Goodrich Petroleum Company |
|---|---|
| Field | Brachfield, S.E. (Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 230114 |
| Wellbores | 1 |
| Reported production | 484,075 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $64K |
Where RICE GU 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.