Oil and gas leases in PNG Operating Company

PNG Operating Company is a Texas operator, Commission number 668536, with 9 leases reporting production across 4 counties. 2 of them are oil leases and 7 are gas leases. Between them they carry 12 wellbores. Reported volumes run from January 1993 to August 2026 and come to 21 thousand barrels of oil and 3.6 million Mcf of gas. Every lease below has its own page with a decline-curve forecast and an estimate of what the whole lease is worth.

Key facts about PNG Operating Company

How many oil and gas leases are in PNG Operating Company?
PNG Operating Company has 9 oil and gas leases with production reported to the Railroad Commission of Texas, as of August 2026.
How much oil and gas has PNG Operating Company produced?
Leases in PNG Operating Company have reported 20,978 barrels of oil (bbl) and 3,593,902 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026.
How much are mineral rights in PNG Operating Company worth?
There is no single figure: what a mineral or royalty interest in PNG Operating Company is worth depends on the individual lease, its decline, and the share the owner holds. Each of the 9 leases listed here has its own page with the full production history the operator reported, a decline-curve forecast, and an estimate of what a royalty interest in it is worth today.

Counties here

Railroad Commission districts

Leases

  • BYERS, R. N. UNIT — gas, PNG Operating Company, Wheeler County, 1.6 million reported
  • WRIGHT, THERESA — gas, PNG Operating Company, Ochiltree County, 954 thousand reported
  • STREET, E. B. — gas, PNG Operating Company, Wheeler County, 667 thousand reported
  • SLOVAK, ALBIN P. ET AL — gas, PNG Operating Company, Zavala County, 324 thousand reported
  • JAMES — gas, PNG Operating Company, Ochiltree County, 34 thousand reported
  • GOSSETT — gas, PNG Operating Company, Lipscomb County, 32 thousand reported
  • FAY — oil, PNG Operating Company, Ochiltree County, 14 thousand reported
  • MCALLISTER, C. B. UNIT — gas, PNG Operating Company, Wheeler County, 11 thousand reported
  • REYNOLDS, P. S. — oil, PNG Operating Company, Lipscomb County, 7 thousand reported

Production figures are as reported to the Railroad Commission of Texas. Values shown on lease pages are estimates produced by fitting a decline curve to that reported history; they are not offers or appraisals.