PORTLEY-TAYLOR GAS UNIT
PORTLEY-TAYLOR GAS UNIT is a Texas gas lease in Gregg County, Railroad Commission district 06, operated by Chinn Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2003 to August 2026, totalling 712,772 thousand cubic feet. The lease is intermittent. 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 $46K, with roughly $10K 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 637 thousand cubic feet a month. Its strongest month on the record we hold was February 2025, at 3,255 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 PORTLEY-TAYLOR GAS UNIT
- Who operates PORTLEY-TAYLOR GAS UNIT?
- PORTLEY-TAYLOR GAS UNIT is operated by Chinn Exploration Company, Railroad Commission of Texas operator number 149423.
- Where is PORTLEY-TAYLOR GAS UNIT?
- PORTLEY-TAYLOR GAS UNIT is a Texas gas lease in Gregg County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 197186.
- Is PORTLEY-TAYLOR GAS UNIT still producing?
- PORTLEY-TAYLOR GAS UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for PORTLEY-TAYLOR GAS UNIT is August 2026.
- How much has PORTLEY-TAYLOR GAS UNIT produced?
- PORTLEY-TAYLOR GAS UNIT has reported 712,772 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2003 and August 2026, from 1 wellbore.
- How much is PORTLEY-TAYLOR GAS UNIT worth?
- The remaining production from PORTLEY-TAYLOR GAS UNIT is estimated to be worth about $46K in total as of 26 August 2026, within a range of $36K to $56K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PORTLEY-TAYLOR GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PORTLEY-TAYLOR GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PORTLEY-TAYLOR GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PORTLEY-TAYLOR GAS UNIT generate in a year?
- PORTLEY-TAYLOR GAS UNIT is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PORTLEY-TAYLOR GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chinn Exploration Company |
|---|---|
| Field | Easton, N. (Cotton Valley) |
| County | Gregg County, Texas |
| RRC district | 06 |
| Lease number | 197186 |
| Wellbores | 1 |
| Reported production | 712,772 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $46K |
Where PORTLEY-TAYLOR GAS 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.