PARKS-GILBERT UNIT
PARKS-GILBERT UNIT is a Texas gas lease in Palo Pinto County, Railroad Commission district 7B, operated by K & M Exploration, 1973-3 Ltd. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 238,949 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 a standard royalty share at about $2K, with roughly $244 expected over the next twelve months.
| Operator | K & M Exploration, 1973-3 Ltd. |
|---|---|
| Field | Calabria (Congl.3800) |
| County | Palo Pinto County, Texas |
| RRC district | 7B |
| Lease number | 101135 |
| Wellbores | 1 |
| Reported production | 238,949 mcf |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $2K |
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.