PARKER UNIT #1
PARKER UNIT #1 is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Lacy Operations, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from October 2007 to August 2026, totalling 577,133 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 $24K, with roughly $3K 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 124 thousand cubic feet a month. Its strongest month on the record we hold was November 2018, at 3,715 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 PARKER UNIT #1
- Who operates PARKER UNIT #1?
- PARKER UNIT #1 is operated by Lacy Operations, Ltd., Railroad Commission of Texas operator number 480882.
- Where is PARKER UNIT #1?
- PARKER UNIT #1 is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 232507.
- Is PARKER UNIT #1 still producing?
- PARKER UNIT #1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARKER UNIT #1 is August 2026.
- How much has PARKER UNIT #1 produced?
- PARKER UNIT #1 has reported 577,133 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2007 and August 2026, from 1 wellbore.
- How much is PARKER UNIT #1 worth?
- The remaining production from PARKER UNIT #1 is estimated to be worth about $24K in total as of 26 August 2026, within a range of $19K to $29K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARKER UNIT #1 is a fraction of it. The estimate fits an Arps decline curve to the production PARKER UNIT #1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARKER UNIT #1 is an estimate of value, not an offer and not an appraisal.
- How much income does PARKER UNIT #1 generate in a year?
- PARKER UNIT #1 is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PARKER UNIT #1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lacy Operations, Ltd. |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 232507 |
| Wellbores | 1 |
| Reported production | 577,133 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $24K |
Where PARKER UNIT #1 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.