LESTER, J.W. GU
LESTER, J.W. GU is a Texas gas lease in Upshur County, Railroad Commission district 06, operated by Wagner & Brown, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from February 2003 to August 2026, totalling 545,349 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 $287K, with roughly $59K 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 683 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 1,675 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 LESTER, J.W. GU
- Who operates LESTER, J.W. GU?
- LESTER, J.W. GU is operated by Wagner & Brown, Ltd., Railroad Commission of Texas operator number 891075.
- Where is LESTER, J.W. GU?
- LESTER, J.W. GU is a Texas gas lease in Upshur County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 194358.
- Is LESTER, J.W. GU still producing?
- LESTER, J.W. GU is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LESTER, J.W. GU is August 2026.
- How much has LESTER, J.W. GU produced?
- LESTER, J.W. GU has reported 545,349 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2003 and August 2026, from 1 wellbore.
- How much is LESTER, J.W. GU worth?
- The remaining production from LESTER, J.W. GU is estimated to be worth about $287K in total as of 27 August 2026, within a range of $224K to $350K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LESTER, J.W. GU is a fraction of it. The estimate fits an Arps decline curve to the production LESTER, J.W. GU has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LESTER, J.W. GU is an estimate of value, not an offer and not an appraisal.
- How much income does LESTER, J.W. GU generate in a year?
- LESTER, J.W. GU is forecast to net about $59K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LESTER, J.W. GU receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wagner & Brown, Ltd. |
|---|---|
| Field | Glenwood (Cotton Valley) |
| County | Upshur County, Texas |
| RRC district | 06 |
| Lease number | 194358 |
| Wellbores | 1 |
| Reported production | 545,349 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $287K |
Where LESTER, J.W. GU 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.