NEAL HEIRS UNIT
NEAL HEIRS UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Sun River Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2010 to August 2026, totalling 337,563 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 $90K, with roughly $47K 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 2,609 thousand cubic feet a month. Its strongest month on the record we hold was April 2023, at 9,657 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 NEAL HEIRS UNIT
- Who operates NEAL HEIRS UNIT?
- NEAL HEIRS UNIT is operated by Sun River Operating, Inc., Railroad Commission of Texas operator number 829434.
- Where is NEAL HEIRS UNIT?
- NEAL HEIRS UNIT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 265529.
- Is NEAL HEIRS UNIT still producing?
- NEAL HEIRS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEAL HEIRS UNIT is August 2026.
- How much has NEAL HEIRS UNIT produced?
- NEAL HEIRS UNIT has reported 337,563 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2010 and August 2026, from 1 wellbore.
- How much is NEAL HEIRS UNIT worth?
- The remaining production from NEAL HEIRS UNIT is estimated to be worth about $90K in total as of 27 August 2026, within a range of $75K to $105K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEAL HEIRS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NEAL HEIRS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEAL HEIRS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NEAL HEIRS UNIT generate in a year?
- NEAL HEIRS UNIT is forecast to net about $47K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NEAL HEIRS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sun River Operating, Inc. |
|---|---|
| Field | Carthage (Haynesville Shale) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 265529 |
| Wellbores | 1 |
| Reported production | 337,563 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $90K |
Where NEAL HEIRS 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.