YOUNG GAS UNIT
YOUNG 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 December 1997 to August 2026, totalling 1,701,293 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 $124K, with roughly $19K 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 787 thousand cubic feet a month. Its strongest month on the record we hold was January 2019, at 4,007 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 YOUNG GAS UNIT
- Who operates YOUNG GAS UNIT?
- YOUNG GAS UNIT is operated by Nuevo Energy Company, Railroad Commission of Texas operator number 616202.
- Where is YOUNG GAS UNIT?
- YOUNG GAS UNIT is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 166950.
- Is YOUNG GAS UNIT still producing?
- YOUNG GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for YOUNG GAS UNIT is August 2026.
- How much has YOUNG GAS UNIT produced?
- YOUNG GAS UNIT has reported 1,701,293 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 1997 and August 2026, from 1 wellbore.
- How much is YOUNG GAS UNIT worth?
- The remaining production from YOUNG GAS UNIT is estimated to be worth about $124K in total as of 27 August 2026, within a range of $96K to $151K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in YOUNG GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production YOUNG 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 YOUNG GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does YOUNG GAS UNIT generate in a year?
- YOUNG GAS UNIT is forecast to net about $19K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in YOUNG 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 | 166950 |
| Wellbores | 1 |
| Reported production | 1,701,293 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $124K |
Where YOUNG 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.