PACE CV UNIT
PACE CV UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Petroquest Energy, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from May 2022 to August 2026, totalling 5,559,305 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 $2.5M, 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 50,182 thousand cubic feet a month. Its strongest month on the record we hold was July 2022, at 313,217 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 PACE CV UNIT
- Who operates PACE CV UNIT?
- PACE CV UNIT is operated by Petroquest Energy, L.L.C., Railroad Commission of Texas operator number 660818.
- Where is PACE CV UNIT?
- PACE CV UNIT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 294776.
- Is PACE CV UNIT still producing?
- PACE CV UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PACE CV UNIT is August 2026.
- How much has PACE CV UNIT produced?
- PACE CV UNIT has reported 5,559,305 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2022 and August 2026, from 1 wellbore.
- How much is PACE CV UNIT worth?
- The remaining production from PACE CV UNIT is estimated to be worth about $2.5M in total as of 26 August 2026, within a range of $2.0M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PACE CV UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PACE CV UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PACE CV UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PACE CV UNIT generate in a year?
- PACE CV UNIT 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 PACE CV UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Petroquest Energy, L.L.C. |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 294776 |
| Wellbores | 1 |
| Reported production | 5,559,305 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.5M |
Where PACE CV 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.