PARKER GAS UNIT
PARKER GAS UNIT is a Texas gas lease in Cherokee County, Railroad Commission district 06, operated by Forest Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 2009 to August 2026, totalling 2,287,516 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 $40K, with roughly $5K 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 1,113 thousand cubic feet a month. Its strongest month on the record we hold was October 2023, at 11,304 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 PARKER GAS UNIT
- Who operates PARKER GAS UNIT?
- PARKER GAS UNIT is operated by Forest Oil Corporation, Railroad Commission of Texas operator number 275740.
- Where is PARKER GAS UNIT?
- PARKER GAS UNIT is a Texas gas lease in Cherokee County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 246636.
- Is PARKER GAS UNIT still producing?
- PARKER GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARKER GAS UNIT is August 2026.
- How much has PARKER GAS UNIT produced?
- PARKER GAS UNIT has reported 2,287,516 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2009 and August 2026, from 1 wellbore.
- How much is PARKER GAS UNIT worth?
- The remaining production from PARKER GAS UNIT is estimated to be worth about $40K in total as of 27 August 2026, within a range of $33K to $47K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARKER GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PARKER GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARKER GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PARKER GAS UNIT generate in a year?
- PARKER GAS UNIT is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PARKER GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Forest Oil Corporation |
|---|---|
| Field | Southern Pine (Travis Peak) |
| County | Cherokee County, Texas |
| RRC district | 06 |
| Lease number | 246636 |
| Wellbores | 1 |
| Reported production | 2,287,516 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $40K |
Where PARKER GAS UNIT 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.