LONGBRANCH
LONGBRANCH is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Basa Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2006 to August 2026, totalling 251,262 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 $4K, with roughly $541 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 11 thousand cubic feet a month. Its strongest month on the record we hold was November 2019, at 2,404 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 LONGBRANCH
- Who operates LONGBRANCH?
- LONGBRANCH is operated by Basa Resources, Inc., Railroad Commission of Texas operator number 053974.
- Where is LONGBRANCH?
- LONGBRANCH is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 222569.
- Is LONGBRANCH still producing?
- LONGBRANCH is intermittent. The most recent month of production reported to the Railroad Commission of Texas for LONGBRANCH is August 2026.
- How much has LONGBRANCH produced?
- LONGBRANCH has reported 251,262 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2006 and August 2026, from 1 wellbore.
- How much is LONGBRANCH worth?
- The remaining production from LONGBRANCH is estimated to be worth about $4K in total as of 26 August 2026, within a range of $2K to $6K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LONGBRANCH is a fraction of it. The estimate fits an Arps decline curve to the production LONGBRANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LONGBRANCH is an estimate of value, not an offer and not an appraisal.
- How much income does LONGBRANCH generate in a year?
- LONGBRANCH is forecast to net about $541 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LONGBRANCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Basa Resources, Inc. |
|---|---|
| Field | Carthage, S. (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 222569 |
| Wellbores | 1 |
| Reported production | 251,262 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where LONGBRANCH 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.