FAIRCLOTH ESTATE
FAIRCLOTH ESTATE is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Palmer Petroleum Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,763,815 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 $154K, with roughly $25K 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 919 thousand cubic feet a month. Its strongest month on the record we hold was January 2019, at 3,196 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 FAIRCLOTH ESTATE
- Who operates FAIRCLOTH ESTATE?
- FAIRCLOTH ESTATE is operated by Palmer Petroleum Inc., Railroad Commission of Texas operator number 636222.
- Where is FAIRCLOTH ESTATE?
- FAIRCLOTH ESTATE is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 132429.
- Is FAIRCLOTH ESTATE still producing?
- FAIRCLOTH ESTATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FAIRCLOTH ESTATE is August 2026.
- How much has FAIRCLOTH ESTATE produced?
- FAIRCLOTH ESTATE has reported 1,763,815 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is FAIRCLOTH ESTATE worth?
- The remaining production from FAIRCLOTH ESTATE is estimated to be worth about $154K in total as of 26 August 2026, within a range of $120K to $188K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FAIRCLOTH ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production FAIRCLOTH ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FAIRCLOTH ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does FAIRCLOTH ESTATE generate in a year?
- FAIRCLOTH ESTATE is forecast to net about $25K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FAIRCLOTH ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Palmer Petroleum Inc. |
|---|---|
| Field | Oak Hill (Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 132429 |
| Wellbores | 1 |
| Reported production | 1,763,815 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $154K |
Where FAIRCLOTH ESTATE 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.