METCALF "B"
METCALF "B" is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Chinn Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from March 1998 to August 2026, totalling 765,472 thousand cubic feet. The lease is intermittent. 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 $150K, with roughly $24K 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 799 thousand cubic feet a month. Its strongest month on the record we hold was January 2025, at 2,366 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 METCALF "B"
- Who operates METCALF "B"?
- METCALF "B" is operated by Chinn Exploration Company, Railroad Commission of Texas operator number 149423.
- Where is METCALF "B"?
- METCALF "B" is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 169059.
- Is METCALF "B" still producing?
- METCALF "B" is intermittent. The most recent month of production reported to the Railroad Commission of Texas for METCALF "B" is August 2026.
- How much has METCALF "B" produced?
- METCALF "B" has reported 765,472 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 1998 and August 2026, from 1 wellbore.
- How much is METCALF "B" worth?
- The remaining production from METCALF "B" is estimated to be worth about $150K in total as of 26 August 2026, within a range of $117K to $183K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in METCALF "B" is a fraction of it. The estimate fits an Arps decline curve to the production METCALF "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for METCALF "B" is an estimate of value, not an offer and not an appraisal.
- How much income does METCALF "B" generate in a year?
- METCALF "B" is forecast to net about $24K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in METCALF "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chinn Exploration Company |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 169059 |
| Wellbores | 1 |
| Reported production | 765,472 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $150K |
Where METCALF "B" 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.