CARTHAGE GAS UNIT
CARTHAGE GAS UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Erso, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,905,038 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 $693K, with roughly $120K 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 1,134 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 6,254 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 CARTHAGE GAS UNIT
- Who operates CARTHAGE GAS UNIT?
- CARTHAGE GAS UNIT is operated by Erso, Inc., Railroad Commission of Texas operator number 254060.
- Where is CARTHAGE GAS UNIT?
- CARTHAGE GAS UNIT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 094272.
- Is CARTHAGE GAS UNIT still producing?
- CARTHAGE GAS UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for CARTHAGE GAS UNIT is August 2026.
- How much has CARTHAGE GAS UNIT produced?
- CARTHAGE GAS UNIT has reported 1,905,038 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CARTHAGE GAS UNIT worth?
- The remaining production from CARTHAGE GAS UNIT is estimated to be worth about $693K in total as of 26 August 2026, within a range of $575K to $810K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARTHAGE GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CARTHAGE 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 CARTHAGE GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CARTHAGE GAS UNIT generate in a year?
- CARTHAGE GAS UNIT is forecast to net about $120K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CARTHAGE GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Erso, Inc. |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 094272 |
| Wellbores | 1 |
| Reported production | 1,905,038 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $693K |
Where CARTHAGE 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.