FOREMAN GAS UNIT
FOREMAN GAS UNIT 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 November 2009 to August 2026, totalling 532,329 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 $14K, with roughly $2K 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 52 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 4,310 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 FOREMAN GAS UNIT
- Who operates FOREMAN GAS UNIT?
- FOREMAN GAS UNIT is operated by Penn Virginia Oil & Gas, L.P., Railroad Commission of Texas operator number 651780.
- Where is FOREMAN GAS UNIT?
- FOREMAN GAS UNIT is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 254564.
- Is FOREMAN GAS UNIT still producing?
- FOREMAN GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FOREMAN GAS UNIT is August 2026.
- How much has FOREMAN GAS UNIT produced?
- FOREMAN GAS UNIT has reported 532,329 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2009 and August 2026, from 1 wellbore.
- How much is FOREMAN GAS UNIT worth?
- The remaining production from FOREMAN GAS UNIT is estimated to be worth about $14K in total as of 26 August 2026, within a range of $8K to $20K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FOREMAN GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FOREMAN 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 FOREMAN GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FOREMAN GAS UNIT generate in a year?
- FOREMAN GAS UNIT is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FOREMAN GAS UNIT 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 | 254564 |
| Wellbores | 1 |
| Reported production | 532,329 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $14K |
Where FOREMAN 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.