INDIAN ROCK GAS UNIT 3
INDIAN ROCK GAS UNIT 3 is a Texas gas lease in Upshur County, Railroad Commission district 06, operated by Goldston Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from February 1993 to August 2026, totalling 4,639,767 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 $50K, with roughly $8K 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 373 thousand cubic feet a month. Its strongest month on the record we hold was November 2016, at 2,859 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 INDIAN ROCK GAS UNIT 3
- Who operates INDIAN ROCK GAS UNIT 3?
- INDIAN ROCK GAS UNIT 3 is operated by Goldston Oil Corporation, Railroad Commission of Texas operator number 313990.
- Where is INDIAN ROCK GAS UNIT 3?
- INDIAN ROCK GAS UNIT 3 is a Texas gas lease in Upshur County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 145068.
- Is INDIAN ROCK GAS UNIT 3 still producing?
- INDIAN ROCK GAS UNIT 3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for INDIAN ROCK GAS UNIT 3 is August 2026.
- How much has INDIAN ROCK GAS UNIT 3 produced?
- INDIAN ROCK GAS UNIT 3 has reported 4,639,767 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 1993 and August 2026, from 1 wellbore.
- How much is INDIAN ROCK GAS UNIT 3 worth?
- The remaining production from INDIAN ROCK GAS UNIT 3 is estimated to be worth about $50K in total as of 27 August 2026, within a range of $39K to $61K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in INDIAN ROCK GAS UNIT 3 is a fraction of it. The estimate fits an Arps decline curve to the production INDIAN ROCK GAS UNIT 3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for INDIAN ROCK GAS UNIT 3 is an estimate of value, not an offer and not an appraisal.
- How much income does INDIAN ROCK GAS UNIT 3 generate in a year?
- INDIAN ROCK GAS UNIT 3 is forecast to net about $8K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in INDIAN ROCK GAS UNIT 3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Goldston Oil Corporation |
|---|---|
| Field | Gilmer(Jurassic) |
| County | Upshur County, Texas |
| RRC district | 06 |
| Lease number | 145068 |
| Wellbores | 1 |
| Reported production | 4,639,767 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $50K |
Where INDIAN ROCK GAS UNIT 3 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.