FORGASON DEEP G.U.
FORGASON DEEP G.U. is a Texas gas lease in Wharton County, Railroad Commission district 03, operated by Newfield Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2002 to August 2026, totalling 11,407,673 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 $2.0M, with roughly $318K 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 12,719 thousand cubic feet a month. Its strongest month on the record we hold was March 2019, at 18,326 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 FORGASON DEEP G.U.
- Who operates FORGASON DEEP G.U.?
- FORGASON DEEP G.U. is operated by Newfield Exploration Company, Railroad Commission of Texas operator number 606617.
- Where is FORGASON DEEP G.U.?
- FORGASON DEEP G.U. is a Texas gas lease in Wharton County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 191841.
- Is FORGASON DEEP G.U. still producing?
- FORGASON DEEP G.U. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FORGASON DEEP G.U. is August 2026.
- How much has FORGASON DEEP G.U. produced?
- FORGASON DEEP G.U. has reported 11,407,673 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2002 and August 2026, from 1 wellbore.
- How much is FORGASON DEEP G.U. worth?
- The remaining production from FORGASON DEEP G.U. is estimated to be worth about $2.0M in total as of 26 August 2026, within a range of $1.7M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FORGASON DEEP G.U. is a fraction of it. The estimate fits an Arps decline curve to the production FORGASON DEEP G.U. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FORGASON DEEP G.U. is an estimate of value, not an offer and not an appraisal.
- How much income does FORGASON DEEP G.U. generate in a year?
- FORGASON DEEP G.U. is forecast to net about $318K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FORGASON DEEP G.U. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Newfield Exploration Company |
|---|---|
| Field | Dynamic (Wilcox 15,150) |
| County | Wharton County, Texas |
| RRC district | 03 |
| Lease number | 191841 |
| Wellbores | 1 |
| Reported production | 11,407,673 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.0M |
Where FORGASON DEEP G.U. 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.