MASON
MASON is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Devon Louisiana Corporation. It has 1 wellbore on file with the Commission. Reported production runs from March 2005 to August 2026, totalling 994,422 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 $48K, with roughly $14K 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 687 thousand cubic feet a month. Its strongest month on the record we hold was December 2017, at 2,086 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 MASON
- Who operates MASON?
- MASON is operated by Devon Louisiana Corporation, Railroad Commission of Texas operator number 216731.
- Where is MASON?
- MASON is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 209852.
- Is MASON still producing?
- MASON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MASON is August 2026.
- How much has MASON produced?
- MASON has reported 994,422 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2005 and August 2026, from 1 wellbore.
- How much is MASON worth?
- The remaining production from MASON is estimated to be worth about $48K in total as of 26 August 2026, within a range of $37K to $59K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MASON is a fraction of it. The estimate fits an Arps decline curve to the production MASON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MASON is an estimate of value, not an offer and not an appraisal.
- How much income does MASON generate in a year?
- MASON is forecast to net about $14K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MASON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Louisiana Corporation |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 209852 |
| Wellbores | 1 |
| Reported production | 994,422 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $48K |
Where MASON 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.