PALMYRA MINERALS LTD
PALMYRA MINERALS LTD is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Cody Energy LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2001 to August 2026, totalling 833,258 thousand cubic feet. The lease is intermittent. 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 $15K, with roughly $2K 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 31 thousand cubic feet a month. Its strongest month on the record we hold was October 2021, at 2,665 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 PALMYRA MINERALS LTD
- Who operates PALMYRA MINERALS LTD?
- PALMYRA MINERALS LTD is operated by Cody Energy LLC, Railroad Commission of Texas operator number 164455.
- Where is PALMYRA MINERALS LTD?
- PALMYRA MINERALS LTD is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 188007.
- Is PALMYRA MINERALS LTD still producing?
- PALMYRA MINERALS LTD is intermittent. The most recent month of production reported to the Railroad Commission of Texas for PALMYRA MINERALS LTD is August 2026.
- How much has PALMYRA MINERALS LTD produced?
- PALMYRA MINERALS LTD has reported 833,258 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2001 and August 2026, from 1 wellbore.
- How much is PALMYRA MINERALS LTD worth?
- The remaining production from PALMYRA MINERALS LTD is estimated to be worth about $15K in total as of 27 August 2026, within a range of $8K to $22K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PALMYRA MINERALS LTD is a fraction of it. The estimate fits an Arps decline curve to the production PALMYRA MINERALS LTD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PALMYRA MINERALS LTD is an estimate of value, not an offer and not an appraisal.
- How much income does PALMYRA MINERALS LTD generate in a year?
- PALMYRA MINERALS LTD is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PALMYRA MINERALS LTD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cody Energy LLC |
|---|---|
| Field | Lopeno (L-25) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 188007 |
| Wellbores | 1 |
| Reported production | 833,258 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $15K |
Where PALMYRA MINERALS LTD 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.