FURRH GAS UNIT NO. 3
FURRH GAS UNIT NO. 3 is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by Penn Virginia Oil & Gas, L.P. It has 1 wellbore on file with the Commission. Reported production runs from October 2007 to August 2026, totalling 421,119 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 $41K, with roughly $7K 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 245 thousand cubic feet a month. Its strongest month on the record we hold was December 2022, at 820 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 FURRH GAS UNIT NO. 3
- Who operates FURRH GAS UNIT NO. 3?
- FURRH GAS UNIT NO. 3 is operated by Penn Virginia Oil & Gas, L.P., Railroad Commission of Texas operator number 651780.
- Where is FURRH GAS UNIT NO. 3?
- FURRH GAS UNIT NO. 3 is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 235854.
- Is FURRH GAS UNIT NO. 3 still producing?
- FURRH GAS UNIT NO. 3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FURRH GAS UNIT NO. 3 is August 2026.
- How much has FURRH GAS UNIT NO. 3 produced?
- FURRH GAS UNIT NO. 3 has reported 421,119 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2007 and August 2026, from 1 wellbore.
- How much is FURRH GAS UNIT NO. 3 worth?
- The remaining production from FURRH GAS UNIT NO. 3 is estimated to be worth about $41K in total as of 26 August 2026, within a range of $32K to $50K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FURRH GAS UNIT NO. 3 is a fraction of it. The estimate fits an Arps decline curve to the production FURRH GAS UNIT NO. 3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FURRH GAS UNIT NO. 3 is an estimate of value, not an offer and not an appraisal.
- How much income does FURRH GAS UNIT NO. 3 generate in a year?
- FURRH GAS UNIT NO. 3 is forecast to net about $7K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FURRH GAS UNIT NO. 3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Penn Virginia Oil & Gas, L.P. |
|---|---|
| Field | Carthage, North (Cotton Valley) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 235854 |
| Wellbores | 1 |
| Reported production | 421,119 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $41K |
Where FURRH GAS UNIT NO. 3 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.