REED ESTATE GAS UNIT
REED ESTATE GAS UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Slant Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2021 to August 2026, totalling 376,746 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 $532K, with roughly $139K 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 4,366 thousand cubic feet a month. Its strongest month on the record we hold was August 2021, at 10,968 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 REED ESTATE GAS UNIT
- Who operates REED ESTATE GAS UNIT?
- REED ESTATE GAS UNIT is operated by Slant Operating, LLC, Railroad Commission of Texas operator number 786697.
- Where is REED ESTATE GAS UNIT?
- REED ESTATE GAS UNIT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 292474.
- Is REED ESTATE GAS UNIT still producing?
- REED ESTATE GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for REED ESTATE GAS UNIT is August 2026.
- How much has REED ESTATE GAS UNIT produced?
- REED ESTATE GAS UNIT has reported 376,746 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2021 and August 2026, from 1 wellbore.
- How much is REED ESTATE GAS UNIT worth?
- The remaining production from REED ESTATE GAS UNIT is estimated to be worth about $532K in total as of 26 August 2026, within a range of $442K to $623K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in REED ESTATE GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production REED ESTATE GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for REED ESTATE GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does REED ESTATE GAS UNIT generate in a year?
- REED ESTATE GAS UNIT is forecast to net about $139K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in REED ESTATE GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Slant Operating, LLC |
|---|---|
| Field | Carthage (Travis Peak) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 292474 |
| Wellbores | 1 |
| Reported production | 376,746 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $532K |
Where REED ESTATE GAS 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.