METCALF GAS UNIT
METCALF GAS UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from March 2009 to August 2026, totalling 963,159 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 $47K, with roughly $8K 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 348 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 4,872 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 METCALF GAS UNIT
- Who operates METCALF GAS UNIT?
- METCALF GAS UNIT is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is METCALF GAS UNIT?
- METCALF GAS UNIT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 248064.
- Is METCALF GAS UNIT still producing?
- METCALF GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for METCALF GAS UNIT is August 2026.
- How much has METCALF GAS UNIT produced?
- METCALF GAS UNIT has reported 963,159 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2009 and August 2026, from 1 wellbore.
- How much is METCALF GAS UNIT worth?
- The remaining production from METCALF GAS UNIT is estimated to be worth about $47K in total as of 26 August 2026, within a range of $37K to $58K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in METCALF GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production METCALF 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 METCALF GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does METCALF GAS UNIT generate in a year?
- METCALF GAS UNIT is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in METCALF GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 248064 |
| Wellbores | 1 |
| Reported production | 963,159 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $47K |
Where METCALF 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.