PERKINS-LA GASSE

PERKINS-LA GASSE is a Texas gas lease in Nueces County, Railroad Commission district 04, operated by Basin Oil & Gas Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2025 to August 2026, totalling 7,421 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 $38K, with roughly $5K 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 618 thousand cubic feet a month. Its strongest month on the record we hold was June 2025, at 1,860 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 PERKINS-LA GASSE

Who operates PERKINS-LA GASSE?
PERKINS-LA GASSE is operated by Basin Oil & Gas Operating, LLC, Railroad Commission of Texas operator number 054430.
Where is PERKINS-LA GASSE?
PERKINS-LA GASSE is a Texas gas lease in Nueces County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 301366.
Is PERKINS-LA GASSE still producing?
PERKINS-LA GASSE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PERKINS-LA GASSE is August 2026.
How much has PERKINS-LA GASSE produced?
PERKINS-LA GASSE has reported 7,421 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2025 and August 2026, from 1 wellbore.
How much is PERKINS-LA GASSE worth?
The remaining production from PERKINS-LA GASSE is estimated to be worth about $38K in total as of 27 August 2026, within a range of $30K to $47K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PERKINS-LA GASSE is a fraction of it. The estimate fits an Arps decline curve to the production PERKINS-LA GASSE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PERKINS-LA GASSE is an estimate of value, not an offer and not an appraisal.
How much income does PERKINS-LA GASSE generate in a year?
PERKINS-LA GASSE is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PERKINS-LA GASSE receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

PERKINS-LA GASSE as filed with the Railroad Commission of Texas
OperatorBasin Oil & Gas Operating, LLC
FieldSaxet
CountyNueces County, Texas
RRC district04
Lease number301366
Wellbores1
Reported production7,421 mcf
First reported
Last reported
Estimated royalty value$38K

Where PERKINS-LA GASSE 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.