REED ESTATE UNIT
REED ESTATE UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Indigo Minerals Llc. It has 1 wellbore on file with the Commission. Reported production runs from November 2010 to August 2026, totalling 2,368,592 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 a standard royalty share at about $5, with roughly $5 expected over the next twelve months.
| Operator | Indigo Minerals Llc |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 260679 |
| Wellbores | 1 |
| Reported production | 2,368,592 mcf |
| First reported | November 2010 |
| Last reported | August 2026 |
| Estimated royalty value | $5 |
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.