CHADWICK GAS UNIT-MCLENDON
CHADWICK GAS UNIT-MCLENDON is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Sonat Exploration Company -Tyler. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 399,272 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 $64K, with roughly $10K 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 429 thousand cubic feet a month. Its strongest month on the record we hold was May 2019, at 894 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 CHADWICK GAS UNIT-MCLENDON
- Who operates CHADWICK GAS UNIT-MCLENDON?
- CHADWICK GAS UNIT-MCLENDON is operated by Sonat Exploration Company -Tyler, Railroad Commission of Texas operator number 801642.
- Where is CHADWICK GAS UNIT-MCLENDON?
- CHADWICK GAS UNIT-MCLENDON is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 125740.
- Is CHADWICK GAS UNIT-MCLENDON still producing?
- CHADWICK GAS UNIT-MCLENDON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHADWICK GAS UNIT-MCLENDON is August 2026.
- How much has CHADWICK GAS UNIT-MCLENDON produced?
- CHADWICK GAS UNIT-MCLENDON has reported 399,272 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CHADWICK GAS UNIT-MCLENDON worth?
- The remaining production from CHADWICK GAS UNIT-MCLENDON is estimated to be worth about $64K in total as of 26 August 2026, within a range of $50K to $79K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHADWICK GAS UNIT-MCLENDON is a fraction of it. The estimate fits an Arps decline curve to the production CHADWICK GAS UNIT-MCLENDON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHADWICK GAS UNIT-MCLENDON is an estimate of value, not an offer and not an appraisal.
- How much income does CHADWICK GAS UNIT-MCLENDON generate in a year?
- CHADWICK GAS UNIT-MCLENDON is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHADWICK GAS UNIT-MCLENDON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sonat Exploration Company -Tyler |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 125740 |
| Wellbores | 1 |
| Reported production | 399,272 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $64K |
Where CHADWICK GAS UNIT-MCLENDON 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.