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 November 1998 to August 2026, totalling 987,369 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 $8K, with roughly $1K expected over the next twelve months.
| Operator | Palmer Petroleum Inc. |
|---|---|
| Field | Oak Hill (Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 171545 |
| Wellbores | 1 |
| Reported production | 987,369 mcf |
| First reported | November 1998 |
| Last reported | August 2026 |
| Estimated royalty value | $8K |
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.