WADE GAS UNIT
WADE GAS UNIT is a Texas gas lease in Upshur County, Railroad Commission district 06, operated by Verado Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 897,246 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 $75K, with roughly $11K 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 529 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 1,988 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 WADE GAS UNIT
- Who operates WADE GAS UNIT?
- WADE GAS UNIT is operated by Verado Energy, Inc., Railroad Commission of Texas operator number 884563.
- Where is WADE GAS UNIT?
- WADE GAS UNIT is a Texas gas lease in Upshur County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 057017.
- Is WADE GAS UNIT still producing?
- WADE GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WADE GAS UNIT is August 2026.
- How much has WADE GAS UNIT produced?
- WADE GAS UNIT has reported 897,246 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is WADE GAS UNIT worth?
- The remaining production from WADE GAS UNIT is estimated to be worth about $75K in total as of 26 August 2026, within a range of $58K to $91K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WADE GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WADE 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 WADE GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WADE GAS UNIT generate in a year?
- WADE GAS UNIT is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WADE GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Verado Energy, Inc. |
|---|---|
| Field | Rosewood (Cotton Valley) |
| County | Upshur County, Texas |
| RRC district | 06 |
| Lease number | 057017 |
| Wellbores | 1 |
| Reported production | 897,246 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $75K |
Where WADE 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.