CAPPS GAS UNIT
CAPPS GAS UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Pennzoil Exploration & Prod. Co. It has 1 wellbore on file with the Commission. Reported production runs from May 1998 to August 2026, totalling 537,843 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 a standard royalty share at about $2K, with roughly $286 expected over the next twelve months.
| Operator | Pennzoil Exploration & Prod. Co. |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 168889 |
| Wellbores | 1 |
| Reported production | 537,843 mcf |
| First reported | May 1998 |
| Last reported | August 2026 |
| Estimated royalty value | $2K |
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.