CARLTON GAS UNIT
CARLTON GAS UNIT is a Texas gas lease in Limestone County, Railroad Commission district 05, operated by Grace Petroleum Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 611,372 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 $80K, with roughly $14K 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 254 thousand cubic feet a month. Its strongest month on the record we hold was February 2026, at 1,064 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 CARLTON GAS UNIT
- Who operates CARLTON GAS UNIT?
- CARLTON GAS UNIT is operated by Grace Petroleum Corp., Railroad Commission of Texas operator number 319525.
- Where is CARLTON GAS UNIT?
- CARLTON GAS UNIT is a Texas gas lease in Limestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 097615.
- Is CARLTON GAS UNIT still producing?
- CARLTON GAS UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for CARLTON GAS UNIT is August 2026.
- How much has CARLTON GAS UNIT produced?
- CARLTON GAS UNIT has reported 611,372 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CARLTON GAS UNIT worth?
- The remaining production from CARLTON GAS UNIT is estimated to be worth about $80K in total as of 26 August 2026, within a range of $63K to $98K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARLTON GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CARLTON GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARLTON GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CARLTON GAS UNIT generate in a year?
- CARLTON GAS UNIT is forecast to net about $14K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CARLTON GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Grace Petroleum Corp. |
|---|---|
| Field | Personville N (Cotton Valley LM) |
| County | Limestone County, Texas |
| RRC district | 05 |
| Lease number | 097615 |
| Wellbores | 1 |
| Reported production | 611,372 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $80K |
Where CARLTON GAS UNIT 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.