CARTHAGE GAS UNIT 12
CARTHAGE GAS UNIT 12 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 November 1999 to August 2026, totalling 2,263,148 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 $273K, with roughly $46K 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 1,895 thousand cubic feet a month. Its strongest month on the record we hold was April 2017, at 5,422 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 12
- Who operates CARTHAGE GAS UNIT 12?
- CARTHAGE GAS UNIT 12 is operated by Amoco Production Company, Railroad Commission of Texas operator number 020425.
- Where is CARTHAGE GAS UNIT 12?
- CARTHAGE GAS UNIT 12 is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 175767.
- Is CARTHAGE GAS UNIT 12 still producing?
- CARTHAGE GAS UNIT 12 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARTHAGE GAS UNIT 12 is August 2026.
- How much has CARTHAGE GAS UNIT 12 produced?
- CARTHAGE GAS UNIT 12 has reported 2,263,148 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 1999 and August 2026, from 1 wellbore.
- How much is CARTHAGE GAS UNIT 12 worth?
- The remaining production from CARTHAGE GAS UNIT 12 is estimated to be worth about $273K in total as of 26 August 2026, within a range of $227K to $320K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARTHAGE GAS UNIT 12 is a fraction of it. The estimate fits an Arps decline curve to the production CARTHAGE GAS UNIT 12 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 12 is an estimate of value, not an offer and not an appraisal.
- How much income does CARTHAGE GAS UNIT 12 generate in a year?
- CARTHAGE GAS UNIT 12 is forecast to net about $46K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CARTHAGE GAS UNIT 12 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 | 175767 |
| Wellbores | 1 |
| Reported production | 2,263,148 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $273K |
Where CARTHAGE GAS UNIT 12 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.