PAKENHAM 51
PAKENHAM 51 is a Texas gas lease in Terrell County, Railroad Commission district 7C, operated by Nuevo Texas Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2003 to August 2026, totalling 1,235,968 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 $119K, with roughly $20K 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 1,609 thousand cubic feet a month. Its strongest month on the record we hold was October 2018, at 3,272 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 PAKENHAM 51
- Who operates PAKENHAM 51?
- PAKENHAM 51 is operated by Nuevo Texas Inc., Railroad Commission of Texas operator number 616204.
- 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 198470.
- 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 1,235,968 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2003 and August 2026, from 1 wellbore.
- How much is PAKENHAM 51 worth?
- The remaining production from PAKENHAM 51 is estimated to be worth about $119K in total as of 27 August 2026, within a range of $99K to $139K. 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 $20K 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 | Nuevo Texas Inc. |
|---|---|
| Field | Pakenham (Wolfcamp) |
| County | Terrell County, Texas |
| RRC district | 7C |
| Lease number | 198470 |
| Wellbores | 1 |
| Reported production | 1,235,968 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $119K |
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.