CORNELL UNIT 34-189
CORNELL UNIT 34-189 is a Texas gas lease in Ward County, Railroad Commission district 08, operated by Anadarko E&P Onshore LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2016 to August 2026, totalling 787,337 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 $745K, with roughly $393K 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 2,998 thousand cubic feet a month. Its strongest month on the record we hold was September 2016, at 31,165 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 CORNELL UNIT 34-189
- Who operates CORNELL UNIT 34-189?
- CORNELL UNIT 34-189 is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
- Where is CORNELL UNIT 34-189?
- CORNELL UNIT 34-189 is a Texas gas lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 290568.
- Is CORNELL UNIT 34-189 still producing?
- CORNELL UNIT 34-189 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CORNELL UNIT 34-189 is August 2026.
- How much has CORNELL UNIT 34-189 produced?
- CORNELL UNIT 34-189 has reported 787,337 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2016 and August 2026, from 1 wellbore.
- How much is CORNELL UNIT 34-189 worth?
- The remaining production from CORNELL UNIT 34-189 is estimated to be worth about $745K in total as of 26 August 2026, within a range of $618K to $871K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CORNELL UNIT 34-189 is a fraction of it. The estimate fits an Arps decline curve to the production CORNELL UNIT 34-189 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CORNELL UNIT 34-189 is an estimate of value, not an offer and not an appraisal.
- How much income does CORNELL UNIT 34-189 generate in a year?
- CORNELL UNIT 34-189 is forecast to net about $393K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CORNELL UNIT 34-189 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko E&P Onshore LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 290568 |
| Wellbores | 1 |
| Reported production | 787,337 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $745K |
Where CORNELL UNIT 34-189 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.