PIRKLE
PIRKLE is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Oxy USA Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 2,378,455 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 $30K, with roughly $17K 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 1,124 thousand cubic feet a month. Its strongest month on the record we hold was September 2016, at 4,707 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 PIRKLE
- Who operates PIRKLE?
- PIRKLE is operated by Oxy USA Inc., Railroad Commission of Texas operator number 630591.
- Where is PIRKLE?
- PIRKLE is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 029994.
- Is PIRKLE still producing?
- PIRKLE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PIRKLE is August 2026.
- How much has PIRKLE produced?
- PIRKLE has reported 2,378,455 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is PIRKLE worth?
- The remaining production from PIRKLE is estimated to be worth about $30K in total as of 27 August 2026, within a range of $25K to $35K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PIRKLE is a fraction of it. The estimate fits an Arps decline curve to the production PIRKLE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PIRKLE is an estimate of value, not an offer and not an appraisal.
- How much income does PIRKLE generate in a year?
- PIRKLE is forecast to net about $17K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PIRKLE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA Inc. |
|---|---|
| Field | Carthage (Pettit, Lower Gas) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 029994 |
| Wellbores | 1 |
| Reported production | 2,378,455 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $30K |
Where PIRKLE 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.