PBGM
PBGM is a Texas gas lease in Smith County, Railroad Commission district 06, operated by Valence Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from November 2018 to August 2026, totalling 2,239,658 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 $59K, with roughly $11K expected over the next twelve months.
| Operator | Valence Operating Company |
|---|---|
| Field | Overton (Cotton Valley Sand) |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 285946 |
| Wellbores | 1 |
| Reported production | 2,239,658 mcf |
| First reported | November 2018 |
| Last reported | August 2026 |
| Estimated royalty value | $59K |
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.