OPAL HV A
OPAL HV A is a Texas gas lease in Panola County, Railroad Commission district 06, operated by R. Lacy Services, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from December 2021 to August 2026, totalling 11,228,030 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 $8.7M, with roughly $1.6M 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 76,553 thousand cubic feet a month. Its strongest month on the record we hold was January 2022, at 538,842 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 OPAL HV A
- Who operates OPAL HV A?
- OPAL HV A is operated by R. Lacy Services, Ltd., Railroad Commission of Texas operator number 687208.
- Where is OPAL HV A?
- OPAL HV A is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 291942.
- Is OPAL HV A still producing?
- OPAL HV A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OPAL HV A is August 2026.
- How much has OPAL HV A produced?
- OPAL HV A has reported 11,228,030 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2021 and August 2026, from 1 wellbore.
- How much is OPAL HV A worth?
- The remaining production from OPAL HV A is estimated to be worth about $8.7M in total as of 26 August 2026, within a range of $7.1M to $10.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OPAL HV A is a fraction of it. The estimate fits an Arps decline curve to the production OPAL HV A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OPAL HV A is an estimate of value, not an offer and not an appraisal.
- How much income does OPAL HV A generate in a year?
- OPAL HV A is forecast to net about $1.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OPAL HV A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | R. Lacy Services, Ltd. |
|---|---|
| Field | Carthage (Haynesville Shale) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 291942 |
| Wellbores | 1 |
| Reported production | 11,228,030 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.7M |
Where OPAL HV A 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.