PADDACK, PHILLIP
PADDACK, PHILLIP is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Tejas Western Corp. It has 1 wellbore on file with the Commission. Reported production runs from August 2001 to August 2026, totalling 452,926 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 $36K, with roughly $10K 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 529 thousand cubic feet a month. Its strongest month on the record we hold was May 2025, at 1,159 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 PADDACK, PHILLIP
- Who operates PADDACK, PHILLIP?
- PADDACK, PHILLIP is operated by Tejas Western Corp., Railroad Commission of Texas operator number 841335.
- Where is PADDACK, PHILLIP?
- PADDACK, PHILLIP is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 185283.
- Is PADDACK, PHILLIP still producing?
- PADDACK, PHILLIP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PADDACK, PHILLIP is August 2026.
- How much has PADDACK, PHILLIP produced?
- PADDACK, PHILLIP has reported 452,926 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2001 and August 2026, from 1 wellbore.
- How much is PADDACK, PHILLIP worth?
- The remaining production from PADDACK, PHILLIP is estimated to be worth about $36K in total as of 26 August 2026, within a range of $28K to $44K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PADDACK, PHILLIP is a fraction of it. The estimate fits an Arps decline curve to the production PADDACK, PHILLIP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PADDACK, PHILLIP is an estimate of value, not an offer and not an appraisal.
- How much income does PADDACK, PHILLIP generate in a year?
- PADDACK, PHILLIP is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PADDACK, PHILLIP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Tejas Western Corp. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 185283 |
| Wellbores | 1 |
| Reported production | 452,926 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $36K |
Where PADDACK, PHILLIP 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.