CARTHAGE GAS UNIT NO. 7
CARTHAGE GAS UNIT NO. 7 is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Amoco Production Company. It has 1 wellbore on file with the Commission. Reported production runs from March 1993 to August 2026, totalling 1,235,176 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 $554K, with roughly $93K 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 3,048 thousand cubic feet a month. Its strongest month on the record we hold was April 2025, at 8,033 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 NO. 7
- Who operates CARTHAGE GAS UNIT NO. 7?
- CARTHAGE GAS UNIT NO. 7 is operated by Amoco Production Company, Railroad Commission of Texas operator number 020425.
- Where is CARTHAGE GAS UNIT NO. 7?
- CARTHAGE GAS UNIT NO. 7 is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 144843.
- Is CARTHAGE GAS UNIT NO. 7 still producing?
- CARTHAGE GAS UNIT NO. 7 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARTHAGE GAS UNIT NO. 7 is August 2026.
- How much has CARTHAGE GAS UNIT NO. 7 produced?
- CARTHAGE GAS UNIT NO. 7 has reported 1,235,176 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 1993 and August 2026, from 1 wellbore.
- How much is CARTHAGE GAS UNIT NO. 7 worth?
- The remaining production from CARTHAGE GAS UNIT NO. 7 is estimated to be worth about $554K in total as of 26 August 2026, within a range of $460K to $649K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARTHAGE GAS UNIT NO. 7 is a fraction of it. The estimate fits an Arps decline curve to the production CARTHAGE GAS UNIT NO. 7 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 NO. 7 is an estimate of value, not an offer and not an appraisal.
- How much income does CARTHAGE GAS UNIT NO. 7 generate in a year?
- CARTHAGE GAS UNIT NO. 7 is forecast to net about $93K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CARTHAGE GAS UNIT NO. 7 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Amoco Production Company |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 144843 |
| Wellbores | 1 |
| Reported production | 1,235,176 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $554K |
Where CARTHAGE GAS UNIT NO. 7 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.