MEDLIN, J.W. ESTATE GAS UNIT
MEDLIN, J.W. ESTATE GAS UNIT is a Texas gas lease in Upshur County, Railroad Commission district 06, operated by Amoco Production Company. It has 1 wellbore on file with the Commission. Reported production runs from November 1995 to August 2026, totalling 2,151,974 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 $73K, with roughly $16K 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 545 thousand cubic feet a month. Its strongest month on the record we hold was March 2021, at 4,444 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 MEDLIN, J.W. ESTATE GAS UNIT
- Who operates MEDLIN, J.W. ESTATE GAS UNIT?
- MEDLIN, J.W. ESTATE GAS UNIT is operated by Amoco Production Company, Railroad Commission of Texas operator number 020425.
- Where is MEDLIN, J.W. ESTATE GAS UNIT?
- MEDLIN, J.W. ESTATE GAS UNIT is a Texas gas lease in Upshur County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 156327.
- Is MEDLIN, J.W. ESTATE GAS UNIT still producing?
- MEDLIN, J.W. ESTATE GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MEDLIN, J.W. ESTATE GAS UNIT is August 2026.
- How much has MEDLIN, J.W. ESTATE GAS UNIT produced?
- MEDLIN, J.W. ESTATE GAS UNIT has reported 2,151,974 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 1995 and August 2026, from 1 wellbore.
- How much is MEDLIN, J.W. ESTATE GAS UNIT worth?
- The remaining production from MEDLIN, J.W. ESTATE GAS UNIT is estimated to be worth about $73K in total as of 26 August 2026, within a range of $57K to $89K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MEDLIN, J.W. ESTATE GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MEDLIN, J.W. ESTATE 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 MEDLIN, J.W. ESTATE GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MEDLIN, J.W. ESTATE GAS UNIT generate in a year?
- MEDLIN, J.W. ESTATE GAS UNIT is forecast to net about $16K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MEDLIN, J.W. ESTATE GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Amoco Production Company |
|---|---|
| Field | Glenwood (Cotton Valley) |
| County | Upshur County, Texas |
| RRC district | 06 |
| Lease number | 156327 |
| Wellbores | 1 |
| Reported production | 2,151,974 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $73K |
Where MEDLIN, J.W. ESTATE 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.