BISHOP GAS UNIT
BISHOP GAS UNIT is a Texas gas lease in Upshur County, Railroad Commission district 06, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2007 to August 2026, totalling 1,014,942 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 $22K, with roughly $4K 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 34 thousand cubic feet a month. Its strongest month on the record we hold was October 2017, at 5,023 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 BISHOP GAS UNIT
- Who operates BISHOP GAS UNIT?
- BISHOP GAS UNIT is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is BISHOP GAS UNIT?
- BISHOP GAS UNIT is a Texas gas lease in Upshur County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 232546.
- Is BISHOP GAS UNIT still producing?
- BISHOP GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BISHOP GAS UNIT is August 2026.
- How much has BISHOP GAS UNIT produced?
- BISHOP GAS UNIT has reported 1,014,942 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2007 and August 2026, from 1 wellbore.
- How much is BISHOP GAS UNIT worth?
- The remaining production from BISHOP GAS UNIT is estimated to be worth about $22K in total as of 26 August 2026, within a range of $12K to $31K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BISHOP GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BISHOP 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 BISHOP GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BISHOP GAS UNIT generate in a year?
- BISHOP GAS UNIT is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BISHOP GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Cherokee Trace (Jurassic) |
| County | Upshur County, Texas |
| RRC district | 06 |
| Lease number | 232546 |
| Wellbores | 1 |
| Reported production | 1,014,942 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $22K |
Where BISHOP 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.