PARKER NO. 1 HV B
PARKER NO. 1 HV B 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 August 2023 to August 2026, totalling 5,044,566 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 $3.5M, with roughly $1.9M 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 166,420 thousand cubic feet a month. Its strongest month on the record we hold was July 2024, at 442,754 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 PARKER NO. 1 HV B
- Who operates PARKER NO. 1 HV B?
- PARKER NO. 1 HV B is operated by R. Lacy Services, Ltd., Railroad Commission of Texas operator number 687208.
- Where is PARKER NO. 1 HV B?
- PARKER NO. 1 HV B is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 296466.
- Is PARKER NO. 1 HV B still producing?
- PARKER NO. 1 HV B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PARKER NO. 1 HV B is August 2026.
- How much has PARKER NO. 1 HV B produced?
- PARKER NO. 1 HV B has reported 5,044,566 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2023 and August 2026, from 1 wellbore.
- How much is PARKER NO. 1 HV B worth?
- The remaining production from PARKER NO. 1 HV B is estimated to be worth about $3.5M in total as of 26 August 2026, within a range of $2.8M to $4.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PARKER NO. 1 HV B is a fraction of it. The estimate fits an Arps decline curve to the production PARKER NO. 1 HV B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PARKER NO. 1 HV B is an estimate of value, not an offer and not an appraisal.
- How much income does PARKER NO. 1 HV B generate in a year?
- PARKER NO. 1 HV B is forecast to net about $1.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PARKER NO. 1 HV B 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 | 296466 |
| Wellbores | 1 |
| Reported production | 5,044,566 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.5M |
Where PARKER NO. 1 HV B 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.