FIRST NATIONAL BALDWIN UNIT
FIRST NATIONAL BALDWIN UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Enron Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from May 1994 to August 2026, totalling 790,590 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 $65K, 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 569 thousand cubic feet a month. Its strongest month on the record we hold was December 2019, at 1,770 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 FIRST NATIONAL BALDWIN UNIT
- Who operates FIRST NATIONAL BALDWIN UNIT?
- FIRST NATIONAL BALDWIN UNIT is operated by Enron Oil & Gas Company, Railroad Commission of Texas operator number 253196.
- Where is FIRST NATIONAL BALDWIN UNIT?
- FIRST NATIONAL BALDWIN UNIT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 152799.
- Is FIRST NATIONAL BALDWIN UNIT still producing?
- FIRST NATIONAL BALDWIN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FIRST NATIONAL BALDWIN UNIT is August 2026.
- How much has FIRST NATIONAL BALDWIN UNIT produced?
- FIRST NATIONAL BALDWIN UNIT has reported 790,590 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 1994 and August 2026, from 1 wellbore.
- How much is FIRST NATIONAL BALDWIN UNIT worth?
- The remaining production from FIRST NATIONAL BALDWIN UNIT is estimated to be worth about $65K in total as of 27 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 FIRST NATIONAL BALDWIN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FIRST NATIONAL BALDWIN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FIRST NATIONAL BALDWIN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FIRST NATIONAL BALDWIN UNIT generate in a year?
- FIRST NATIONAL BALDWIN UNIT is forecast to net about $10K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FIRST NATIONAL BALDWIN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enron Oil & Gas Company |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 152799 |
| Wellbores | 1 |
| Reported production | 790,590 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $65K |
Where FIRST NATIONAL BALDWIN 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.