PAKENHAM 51
PAKENHAM 51 is a Texas gas lease in Terrell County, Railroad Commission district 7C, operated by Athanor Texas Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2001 to August 2026, totalling 761,225 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 $46K, with roughly $15K 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 884 thousand cubic feet a month. Its strongest month on the record we hold was June 2025, at 1,449 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 PAKENHAM 51
- Who operates PAKENHAM 51?
- PAKENHAM 51 is operated by Athanor Texas Inc., Railroad Commission of Texas operator number 036049.
- Where is PAKENHAM 51?
- PAKENHAM 51 is a Texas gas lease in Terrell County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 183382.
- Is PAKENHAM 51 still producing?
- PAKENHAM 51 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PAKENHAM 51 is August 2026.
- How much has PAKENHAM 51 produced?
- PAKENHAM 51 has reported 761,225 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2001 and August 2026, from 1 wellbore.
- How much is PAKENHAM 51 worth?
- The remaining production from PAKENHAM 51 is estimated to be worth about $46K in total as of 27 August 2026, within a range of $36K to $56K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PAKENHAM 51 is a fraction of it. The estimate fits an Arps decline curve to the production PAKENHAM 51 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PAKENHAM 51 is an estimate of value, not an offer and not an appraisal.
- How much income does PAKENHAM 51 generate in a year?
- PAKENHAM 51 is forecast to net about $15K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PAKENHAM 51 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Athanor Texas Inc. |
|---|---|
| Field | Pakenham (Wolfcamp) |
| County | Terrell County, Texas |
| RRC district | 7C |
| Lease number | 183382 |
| Wellbores | 1 |
| Reported production | 761,225 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $46K |
Where PAKENHAM 51 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.