PEC MINERALS GAS UNIT NO. 2
PEC MINERALS GAS UNIT NO. 2 is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2012 to August 2026, totalling 5,417,413 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 $604K, with roughly $175K 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 12,700 thousand cubic feet a month. Its strongest month on the record we hold was July 2024, at 65,189 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 PEC MINERALS GAS UNIT NO. 2
- Who operates PEC MINERALS GAS UNIT NO. 2?
- PEC MINERALS GAS UNIT NO. 2 is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is PEC MINERALS GAS UNIT NO. 2?
- PEC MINERALS GAS UNIT NO. 2 is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 265093.
- Is PEC MINERALS GAS UNIT NO. 2 still producing?
- PEC MINERALS GAS UNIT NO. 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEC MINERALS GAS UNIT NO. 2 is August 2026.
- How much has PEC MINERALS GAS UNIT NO. 2 produced?
- PEC MINERALS GAS UNIT NO. 2 has reported 5,417,413 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2012 and August 2026, from 1 wellbore.
- How much is PEC MINERALS GAS UNIT NO. 2 worth?
- The remaining production from PEC MINERALS GAS UNIT NO. 2 is estimated to be worth about $604K in total as of 27 August 2026, within a range of $495K to $712K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEC MINERALS GAS UNIT NO. 2 is a fraction of it. The estimate fits an Arps decline curve to the production PEC MINERALS GAS UNIT NO. 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PEC MINERALS GAS UNIT NO. 2 is an estimate of value, not an offer and not an appraisal.
- How much income does PEC MINERALS GAS UNIT NO. 2 generate in a year?
- PEC MINERALS GAS UNIT NO. 2 is forecast to net about $175K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PEC MINERALS GAS UNIT NO. 2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Carthage (Haynesville Shale) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 265093 |
| Wellbores | 1 |
| Reported production | 5,417,413 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $604K |
Where PEC MINERALS GAS UNIT NO. 2 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.