PACKWOOD UNIT
PACKWOOD UNIT is a Texas gas lease in Montague County, Railroad Commission district 09. It has 1 wellbore on file with the Commission. Reported production runs from December 2010 to August 2026, totalling 1,038,424 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 $604K, with roughly $93K 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 4,201 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 7,052 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 PACKWOOD UNIT
- Where is PACKWOOD UNIT?
- PACKWOOD UNIT is a Texas gas lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 273242.
- Is PACKWOOD UNIT still producing?
- PACKWOOD UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PACKWOOD UNIT is August 2026.
- How much has PACKWOOD UNIT produced?
- PACKWOOD UNIT has reported 1,038,424 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2010 and August 2026, from 1 wellbore.
- How much is PACKWOOD UNIT worth?
- The remaining production from PACKWOOD UNIT is estimated to be worth about $604K in total as of 26 August 2026, within a range of $502K to $707K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PACKWOOD UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PACKWOOD UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PACKWOOD UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PACKWOOD UNIT generate in a year?
- PACKWOOD UNIT is forecast to net about $93K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PACKWOOD UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| County | Montague County, Texas |
|---|---|
| RRC district | 09 |
| Lease number | 273242 |
| Wellbores | 1 |
| Reported production | 1,038,424 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $604K |
Where PACKWOOD UNIT 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.