COTTLE-REEVES UNIT
COTTLE-REEVES UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Lacy, R., Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 237,020 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 a standard royalty share at about $540, with roughly $107 expected over the next twelve months.
| Operator | Lacy, R., Inc. |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 089514 |
| Wellbores | 1 |
| Reported production | 237,020 mcf |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $540 |
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.