WHEELER GAS UNIT
WHEELER GAS UNIT is a Texas gas lease in San Augustine County, Railroad Commission district 06, operated by Cabot Oil & Gas Corporation. It has 1 wellbore on file with the Commission. Reported production runs from May 2009 to August 2026, totalling 2,450,350 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 $132K, with roughly $49K 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 3,392 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 9,503 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 WHEELER GAS UNIT
- Who operates WHEELER GAS UNIT?
- WHEELER GAS UNIT is operated by Cabot Oil & Gas Corporation, Railroad Commission of Texas operator number 121700.
- Where is WHEELER GAS UNIT?
- WHEELER GAS UNIT is a Texas gas lease in San Augustine County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 248337.
- Is WHEELER GAS UNIT still producing?
- WHEELER GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WHEELER GAS UNIT is August 2026.
- How much has WHEELER GAS UNIT produced?
- WHEELER GAS UNIT has reported 2,450,350 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2009 and August 2026, from 1 wellbore.
- How much is WHEELER GAS UNIT worth?
- The remaining production from WHEELER GAS UNIT is estimated to be worth about $132K in total as of 26 August 2026, within a range of $110K to $155K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WHEELER GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WHEELER 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 WHEELER GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WHEELER GAS UNIT generate in a year?
- WHEELER GAS UNIT is forecast to net about $49K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WHEELER GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cabot Oil & Gas Corporation |
|---|---|
| Field | Angie (James Lime) |
| County | San Augustine County, Texas |
| RRC district | 06 |
| Lease number | 248337 |
| Wellbores | 1 |
| Reported production | 2,450,350 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $132K |
Where WHEELER 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.