KEATING UNIT
KEATING UNIT is a Texas gas lease in Shelby County, Railroad Commission district 06, operated by Cabot Oil & Gas Corporation. It has 1 wellbore on file with the Commission. Reported production runs from April 2009 to August 2026, totalling 1,078,733 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 $202K, with roughly $32K 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 1,182 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 3,543 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 KEATING UNIT
- Who operates KEATING UNIT?
- KEATING UNIT is operated by Cabot Oil & Gas Corporation, Railroad Commission of Texas operator number 121700.
- Where is KEATING UNIT?
- KEATING UNIT is a Texas gas lease in Shelby County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 248292.
- Is KEATING UNIT still producing?
- KEATING UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KEATING UNIT is August 2026.
- How much has KEATING UNIT produced?
- KEATING UNIT has reported 1,078,733 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2009 and August 2026, from 1 wellbore.
- How much is KEATING UNIT worth?
- The remaining production from KEATING UNIT is estimated to be worth about $202K in total as of 26 August 2026, within a range of $167K to $236K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KEATING UNIT is a fraction of it. The estimate fits an Arps decline curve to the production KEATING UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KEATING UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does KEATING UNIT generate in a year?
- KEATING UNIT is forecast to net about $32K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KEATING 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 | Shelby County, Texas |
| RRC district | 06 |
| Lease number | 248292 |
| Wellbores | 1 |
| Reported production | 1,078,733 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $202K |
Where KEATING 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.