BORDERS-SMITH #3
BORDERS-SMITH #3 is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Harleton Oil & Gas Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2001 to August 2026, totalling 732,431 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 $70, with roughly $9 expected over the next twelve months.
| Operator | Harleton Oil & Gas Inc. |
|---|---|
| Field | Carthage (Pettit, Lower Gas) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 185174 |
| Wellbores | 1 |
| Reported production | 732,431 mcf |
| First reported | September 2001 |
| Last reported | August 2026 |
| Estimated royalty value | $70 |
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.