GLASPIE, OCIE
GLASPIE, OCIE 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 April 2008 to August 2026, totalling 1,289,670 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 $307K, with roughly $65K 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 3,016 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 6,628 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 GLASPIE, OCIE
- Who operates GLASPIE, OCIE?
- GLASPIE, OCIE is operated by Harleton Oil & Gas Inc., Railroad Commission of Texas operator number 357165.
- Where is GLASPIE, OCIE?
- GLASPIE, OCIE is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 235893.
- Is GLASPIE, OCIE still producing?
- GLASPIE, OCIE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GLASPIE, OCIE is August 2026.
- How much has GLASPIE, OCIE produced?
- GLASPIE, OCIE has reported 1,289,670 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2008 and August 2026, from 1 wellbore.
- How much is GLASPIE, OCIE worth?
- The remaining production from GLASPIE, OCIE is estimated to be worth about $307K in total as of 26 August 2026, within a range of $255K to $359K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GLASPIE, OCIE is a fraction of it. The estimate fits an Arps decline curve to the production GLASPIE, OCIE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GLASPIE, OCIE is an estimate of value, not an offer and not an appraisal.
- How much income does GLASPIE, OCIE generate in a year?
- GLASPIE, OCIE is forecast to net about $65K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GLASPIE, OCIE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Harleton Oil & Gas Inc. |
|---|---|
| Field | Carthage (Pettit, Lower) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 235893 |
| Wellbores | 1 |
| Reported production | 1,289,670 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $307K |
Where GLASPIE, OCIE 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.