ODOM GAS UNIT #1
ODOM GAS UNIT #1 is a Texas gas lease in Upshur County, Railroad Commission district 06, operated by Floyd Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from August 1999 to August 2026, totalling 1,130,759 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 $102K, 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 782 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 2,269 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 ODOM GAS UNIT #1
- Who operates ODOM GAS UNIT #1?
- ODOM GAS UNIT #1 is operated by Floyd Operating Company, Railroad Commission of Texas operator number 274230.
- Where is ODOM GAS UNIT #1?
- ODOM GAS UNIT #1 is a Texas gas lease in Upshur County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 175203.
- Is ODOM GAS UNIT #1 still producing?
- ODOM GAS UNIT #1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ODOM GAS UNIT #1 is August 2026.
- How much has ODOM GAS UNIT #1 produced?
- ODOM GAS UNIT #1 has reported 1,130,759 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 1999 and August 2026, from 1 wellbore.
- How much is ODOM GAS UNIT #1 worth?
- The remaining production from ODOM GAS UNIT #1 is estimated to be worth about $102K in total as of 27 August 2026, within a range of $79K to $124K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ODOM GAS UNIT #1 is a fraction of it. The estimate fits an Arps decline curve to the production ODOM GAS UNIT #1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ODOM GAS UNIT #1 is an estimate of value, not an offer and not an appraisal.
- How much income does ODOM GAS UNIT #1 generate in a year?
- ODOM GAS UNIT #1 is forecast to net about $16K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ODOM GAS UNIT #1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Floyd Operating Company |
|---|---|
| Field | Rosewood (Cotton Valley) |
| County | Upshur County, Texas |
| RRC district | 06 |
| Lease number | 175203 |
| Wellbores | 1 |
| Reported production | 1,130,759 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $102K |
Where ODOM GAS UNIT #1 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.