GLADEWATER GU 15
GLADEWATER GU 15 is a Texas gas lease in Upshur County, Railroad Commission district 06, operated by C. W. Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2000 to August 2026, totalling 1,564,213 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 $415K, with roughly $72K 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 2,004 thousand cubic feet a month. Its strongest month on the record we hold was March 2019, at 5,890 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 GLADEWATER GU 15
- Who operates GLADEWATER GU 15?
- GLADEWATER GU 15 is operated by C. W. Resources, Inc., Railroad Commission of Texas operator number 121085.
- Where is GLADEWATER GU 15?
- GLADEWATER GU 15 is a Texas gas lease in Upshur County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 177744.
- Is GLADEWATER GU 15 still producing?
- GLADEWATER GU 15 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GLADEWATER GU 15 is August 2026.
- How much has GLADEWATER GU 15 produced?
- GLADEWATER GU 15 has reported 1,564,213 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2000 and August 2026, from 1 wellbore.
- How much is GLADEWATER GU 15 worth?
- The remaining production from GLADEWATER GU 15 is estimated to be worth about $415K in total as of 27 August 2026, within a range of $344K to $485K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GLADEWATER GU 15 is a fraction of it. The estimate fits an Arps decline curve to the production GLADEWATER GU 15 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GLADEWATER GU 15 is an estimate of value, not an offer and not an appraisal.
- How much income does GLADEWATER GU 15 generate in a year?
- GLADEWATER GU 15 is forecast to net about $72K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GLADEWATER GU 15 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | C. W. Resources, Inc. |
|---|---|
| Field | Glenwood (Cotton Valley) |
| County | Upshur County, Texas |
| RRC district | 06 |
| Lease number | 177744 |
| Wellbores | 1 |
| Reported production | 1,564,213 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $415K |
Where GLADEWATER GU 15 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.