WRIGHT UNIT
WRIGHT UNIT is a Texas gas lease in Upshur County, Railroad Commission district 06, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from October 2008 to August 2026, totalling 1,104,213 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 $368K, 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 2,226 thousand cubic feet a month. Its strongest month on the record we hold was December 2022, at 7,669 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 WRIGHT UNIT
- Who operates WRIGHT UNIT?
- WRIGHT UNIT is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is WRIGHT UNIT?
- WRIGHT UNIT is a Texas gas lease in Upshur County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 243370.
- Is WRIGHT UNIT still producing?
- WRIGHT UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WRIGHT UNIT is August 2026.
- How much has WRIGHT UNIT produced?
- WRIGHT UNIT has reported 1,104,213 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2008 and August 2026, from 1 wellbore.
- How much is WRIGHT UNIT worth?
- The remaining production from WRIGHT UNIT is estimated to be worth about $368K in total as of 26 August 2026, within a range of $306K to $431K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WRIGHT UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WRIGHT UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WRIGHT UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WRIGHT UNIT generate in a year?
- WRIGHT UNIT is forecast to net about $59K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WRIGHT UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Cherokee Trace (Jurassic) |
| County | Upshur County, Texas |
| RRC district | 06 |
| Lease number | 243370 |
| Wellbores | 1 |
| Reported production | 1,104,213 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $368K |
Where WRIGHT 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.