HOP UNIT
HOP UNIT is a Texas gas lease in Walker County, Railroad Commission district 03, operated by SM Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from March 2015 to August 2026, totalling 90,048 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 $120K, with roughly $23K 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 471 thousand cubic feet a month. Its strongest month on the record we hold was August 2017, at 4,080 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 HOP UNIT
- Who operates HOP UNIT?
- HOP UNIT is operated by SM Energy Company, Railroad Commission of Texas operator number 788997.
- Where is HOP UNIT?
- HOP UNIT is a Texas gas lease in Walker County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 281509.
- Is HOP UNIT still producing?
- HOP UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOP UNIT is August 2026.
- How much has HOP UNIT produced?
- HOP UNIT has reported 90,048 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2015 and August 2026, from 1 wellbore.
- How much is HOP UNIT worth?
- The remaining production from HOP UNIT is estimated to be worth about $120K in total as of 27 August 2026, within a range of $94K to $146K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOP UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HOP UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOP UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HOP UNIT generate in a year?
- HOP UNIT is forecast to net about $23K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HOP UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | SM Energy Company |
|---|---|
| Field | Wildcat |
| County | Walker County, Texas |
| RRC district | 03 |
| Lease number | 281509 |
| Wellbores | 1 |
| Reported production | 90,048 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $120K |
Where HOP 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.