LANE CHAPEL (PALUXY A) UNIT
LANE CHAPEL (PALUXY A) UNIT is a Texas oil lease in Smith County, Railroad Commission district 06, operated by Gunn Oil Company. It has 16 wellbores on file with the Commission. Reported production runs from August 1996 to August 2026, totalling 792,679 barrels. 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 $2.1M, with roughly $708K 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 1,210 barrels a month, about 76 per wellbore. Its strongest month on the record we hold was March 2022, at 2,717 barrels. 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 LANE CHAPEL (PALUXY A) UNIT
- Who operates LANE CHAPEL (PALUXY A) UNIT?
- LANE CHAPEL (PALUXY A) UNIT is operated by Gunn Oil Company, Railroad Commission of Texas operator number 339493.
- Where is LANE CHAPEL (PALUXY A) UNIT?
- LANE CHAPEL (PALUXY A) UNIT is a Texas oil lease in Smith County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 13546.
- Is LANE CHAPEL (PALUXY A) UNIT still producing?
- LANE CHAPEL (PALUXY A) UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LANE CHAPEL (PALUXY A) UNIT is August 2026.
- How much has LANE CHAPEL (PALUXY A) UNIT produced?
- LANE CHAPEL (PALUXY A) UNIT has reported 792,679 barrels of oil (bbl) to the Railroad Commission of Texas between August 1996 and August 2026, from 16 wellbores.
- How much is LANE CHAPEL (PALUXY A) UNIT worth?
- The remaining production from LANE CHAPEL (PALUXY A) UNIT is estimated to be worth about $2.1M in total as of 26 August 2026, within a range of $1.7M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LANE CHAPEL (PALUXY A) UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LANE CHAPEL (PALUXY A) UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LANE CHAPEL (PALUXY A) UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LANE CHAPEL (PALUXY A) UNIT generate in a year?
- LANE CHAPEL (PALUXY A) UNIT is forecast to net about $708K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LANE CHAPEL (PALUXY A) UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gunn Oil Company |
|---|---|
| Field | Lane Chapel (Paluxy A Sand) |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 13546 |
| Wellbores | 16 |
| Reported production | 792,679 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.1M |
Where LANE CHAPEL (PALUXY A) 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.