BRIGGS-MORELAND GU
BRIGGS-MORELAND GU is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Hunt Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from April 2005 to August 2026, totalling 524,695 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 $32K, with roughly $4K 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 147 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 1,980 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 BRIGGS-MORELAND GU
- Who operates BRIGGS-MORELAND GU?
- BRIGGS-MORELAND GU is operated by Hunt Petroleum Corporation, Railroad Commission of Texas operator number 416540.
- Where is BRIGGS-MORELAND GU?
- BRIGGS-MORELAND GU is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 224273.
- Is BRIGGS-MORELAND GU still producing?
- BRIGGS-MORELAND GU is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BRIGGS-MORELAND GU is August 2026.
- How much has BRIGGS-MORELAND GU produced?
- BRIGGS-MORELAND GU has reported 524,695 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2005 and August 2026, from 1 wellbore.
- How much is BRIGGS-MORELAND GU worth?
- The remaining production from BRIGGS-MORELAND GU is estimated to be worth about $32K in total as of 27 August 2026, within a range of $25K to $39K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BRIGGS-MORELAND GU is a fraction of it. The estimate fits an Arps decline curve to the production BRIGGS-MORELAND GU has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BRIGGS-MORELAND GU is an estimate of value, not an offer and not an appraisal.
- How much income does BRIGGS-MORELAND GU generate in a year?
- BRIGGS-MORELAND GU is forecast to net about $4K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BRIGGS-MORELAND GU receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hunt Petroleum Corporation |
|---|---|
| Field | Bethany (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 224273 |
| Wellbores | 1 |
| Reported production | 524,695 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $32K |
Where BRIGGS-MORELAND GU 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.