OLE GIESER UNIT
OLE GIESER UNIT is a Texas gas lease in Tarrant County, Railroad Commission district 09, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2010 to August 2026, totalling 1,098,095 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 $517K, with roughly $82K 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 3,640 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 5,330 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 OLE GIESER UNIT
- Who operates OLE GIESER UNIT?
- OLE GIESER UNIT is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is OLE GIESER UNIT?
- OLE GIESER UNIT is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 259040.
- Is OLE GIESER UNIT still producing?
- OLE GIESER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OLE GIESER UNIT is August 2026.
- How much has OLE GIESER UNIT produced?
- OLE GIESER UNIT has reported 1,098,095 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2010 and August 2026, from 1 wellbore.
- How much is OLE GIESER UNIT worth?
- The remaining production from OLE GIESER UNIT is estimated to be worth about $517K in total as of 27 August 2026, within a range of $429K to $604K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OLE GIESER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production OLE GIESER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OLE GIESER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does OLE GIESER UNIT generate in a year?
- OLE GIESER UNIT is forecast to net about $82K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in OLE GIESER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Tarrant County, Texas |
| RRC district | 09 |
| Lease number | 259040 |
| Wellbores | 1 |
| Reported production | 1,098,095 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $517K |
Where OLE GIESER 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.