PALM, F. N.

PALM, F. N. is a Texas gas lease in Shackelford County, Railroad Commission district 7B, operated by Stasney, H. R. & Sons, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from September 2003 to August 2026, totalling 638,022 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 $215K, with roughly $32K 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 1,417 thousand cubic feet a month. Its strongest month on the record we hold was November 2016, at 2,198 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 PALM, F. N.

Who operates PALM, F. N.?
PALM, F. N. is operated by Stasney, H. R. & Sons, Ltd., Railroad Commission of Texas operator number 816065.
Where is PALM, F. N.?
PALM, F. N. is a Texas gas lease in Shackelford County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 198046.
Is PALM, F. N. still producing?
PALM, F. N. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PALM, F. N. is August 2026.
How much has PALM, F. N. produced?
PALM, F. N. has reported 638,022 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2003 and August 2026, from 1 wellbore.
How much is PALM, F. N. worth?
The remaining production from PALM, F. N. is estimated to be worth about $215K in total as of 26 August 2026, within a range of $178K to $251K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PALM, F. N. is a fraction of it. The estimate fits an Arps decline curve to the production PALM, F. N. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PALM, F. N. is an estimate of value, not an offer and not an appraisal.
How much income does PALM, F. N. generate in a year?
PALM, F. N. is forecast to net about $32K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PALM, F. N. receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

PALM, F. N. as filed with the Railroad Commission of Texas
OperatorStasney, H. R. & Sons, Ltd.
FieldPalm (Miss.)
CountyShackelford County, Texas
RRC district7B
Lease number198046
Wellbores1
Reported production638,022 mcf
First reported
Last reported
Estimated royalty value$215K

Where PALM, F. N. 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.