NEAL, SALLIE J. -A- UNIT
NEAL, SALLIE J. -A- UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Lacy Operations, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from June 2002 to August 2026, totalling 1,563,406 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 $194K, with roughly $44K 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 1,815 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 4,173 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 NEAL, SALLIE J. -A- UNIT
- Who operates NEAL, SALLIE J. -A- UNIT?
- NEAL, SALLIE J. -A- UNIT is operated by Lacy Operations, Ltd., Railroad Commission of Texas operator number 480882.
- Where is NEAL, SALLIE J. -A- UNIT?
- NEAL, SALLIE J. -A- UNIT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 189520.
- Is NEAL, SALLIE J. -A- UNIT still producing?
- NEAL, SALLIE J. -A- UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEAL, SALLIE J. -A- UNIT is August 2026.
- How much has NEAL, SALLIE J. -A- UNIT produced?
- NEAL, SALLIE J. -A- UNIT has reported 1,563,406 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2002 and August 2026, from 1 wellbore.
- How much is NEAL, SALLIE J. -A- UNIT worth?
- The remaining production from NEAL, SALLIE J. -A- UNIT is estimated to be worth about $194K in total as of 26 August 2026, within a range of $161K to $227K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEAL, SALLIE J. -A- UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NEAL, SALLIE J. -A- UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEAL, SALLIE J. -A- UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NEAL, SALLIE J. -A- UNIT generate in a year?
- NEAL, SALLIE J. -A- UNIT is forecast to net about $44K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NEAL, SALLIE J. -A- UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lacy Operations, Ltd. |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 189520 |
| Wellbores | 1 |
| Reported production | 1,563,406 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $194K |
Where NEAL, SALLIE J. -A- UNIT 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.