ARTHUR SMITH GAS UNIT 3H
ARTHUR SMITH GAS UNIT 3H is a Texas gas lease in Panola County, Railroad Commission district 06, operated by KJ Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2023 to August 2026, totalling 2,050,068 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 $3.0M, with roughly $672K 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 35,214 thousand cubic feet a month. Its strongest month on the record we hold was October 2023, at 156,461 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 ARTHUR SMITH GAS UNIT 3H
- Who operates ARTHUR SMITH GAS UNIT 3H?
- ARTHUR SMITH GAS UNIT 3H is operated by KJ Energy, LLC, Railroad Commission of Texas operator number 469901.
- Where is ARTHUR SMITH GAS UNIT 3H?
- ARTHUR SMITH GAS UNIT 3H is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 297468.
- Is ARTHUR SMITH GAS UNIT 3H still producing?
- ARTHUR SMITH GAS UNIT 3H is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ARTHUR SMITH GAS UNIT 3H is August 2026.
- How much has ARTHUR SMITH GAS UNIT 3H produced?
- ARTHUR SMITH GAS UNIT 3H has reported 2,050,068 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2023 and August 2026, from 1 wellbore.
- How much is ARTHUR SMITH GAS UNIT 3H worth?
- The remaining production from ARTHUR SMITH GAS UNIT 3H is estimated to be worth about $3.0M in total as of 27 August 2026, within a range of $2.4M to $3.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ARTHUR SMITH GAS UNIT 3H is a fraction of it. The estimate fits an Arps decline curve to the production ARTHUR SMITH GAS UNIT 3H has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ARTHUR SMITH GAS UNIT 3H is an estimate of value, not an offer and not an appraisal.
- How much income does ARTHUR SMITH GAS UNIT 3H generate in a year?
- ARTHUR SMITH GAS UNIT 3H is forecast to net about $672K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ARTHUR SMITH GAS UNIT 3H receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | KJ Energy, LLC |
|---|---|
| Field | Brachfield, S.E. (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 297468 |
| Wellbores | 1 |
| Reported production | 2,050,068 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.0M |
Where ARTHUR SMITH GAS UNIT 3H 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.