CRENSHAW GAS UNIT #2
CRENSHAW GAS UNIT #2 is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Texaco E & P Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2000 to August 2026, totalling 855,442 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 $335K, with roughly $55K 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 1,989 thousand cubic feet a month. Its strongest month on the record we hold was October 2018, at 3,316 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 CRENSHAW GAS UNIT #2
- Who operates CRENSHAW GAS UNIT #2?
- CRENSHAW GAS UNIT #2 is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is CRENSHAW GAS UNIT #2?
- CRENSHAW GAS UNIT #2 is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 178764.
- Is CRENSHAW GAS UNIT #2 still producing?
- CRENSHAW GAS UNIT #2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRENSHAW GAS UNIT #2 is August 2026.
- How much has CRENSHAW GAS UNIT #2 produced?
- CRENSHAW GAS UNIT #2 has reported 855,442 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2000 and August 2026, from 1 wellbore.
- How much is CRENSHAW GAS UNIT #2 worth?
- The remaining production from CRENSHAW GAS UNIT #2 is estimated to be worth about $335K in total as of 26 August 2026, within a range of $278K to $392K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRENSHAW GAS UNIT #2 is a fraction of it. The estimate fits an Arps decline curve to the production CRENSHAW GAS UNIT #2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRENSHAW GAS UNIT #2 is an estimate of value, not an offer and not an appraisal.
- How much income does CRENSHAW GAS UNIT #2 generate in a year?
- CRENSHAW GAS UNIT #2 is forecast to net about $55K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CRENSHAW GAS UNIT #2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texaco E & P Inc. |
|---|---|
| Field | Bethany, East (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 178764 |
| Wellbores | 1 |
| Reported production | 855,442 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $335K |
Where CRENSHAW GAS UNIT #2 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.