EMERALD HV C
EMERALD HV C 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 January 2023 to August 2026, totalling 4,855,477 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 $4.7M, with roughly $1.0M 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 55,727 thousand cubic feet a month. Its strongest month on the record we hold was March 2023, at 337,325 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 EMERALD HV C
- Who operates EMERALD HV C?
- EMERALD HV C is operated by R. Lacy Services, Ltd., Railroad Commission of Texas operator number 687208.
- Where is EMERALD HV C?
- EMERALD HV C is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 294365.
- Is EMERALD HV C still producing?
- EMERALD HV C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EMERALD HV C is August 2026.
- How much has EMERALD HV C produced?
- EMERALD HV C has reported 4,855,477 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2023 and August 2026, from 1 wellbore.
- How much is EMERALD HV C worth?
- The remaining production from EMERALD HV C is estimated to be worth about $4.7M in total as of 26 August 2026, within a range of $3.9M to $5.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EMERALD HV C is a fraction of it. The estimate fits an Arps decline curve to the production EMERALD HV C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EMERALD HV C is an estimate of value, not an offer and not an appraisal.
- How much income does EMERALD HV C generate in a year?
- EMERALD HV C is forecast to net about $1.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EMERALD HV C 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 | 294365 |
| Wellbores | 1 |
| Reported production | 4,855,477 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.7M |
Where EMERALD HV C 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.