REED, W. M.
REED, W. M. 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 August 2005 to August 2026, totalling 1,978,418 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 $20K, with roughly $3K 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 | 215982 |
| Wellbores | 1 |
| Reported production | 1,978,418 mcf |
| First reported | August 2005 |
| Last reported | August 2026 |
| Estimated royalty value | $20K |
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.