PANHANDLE BANK
PANHANDLE BANK is a Texas gas lease in Carson County, Railroad Commission district 10, operated by Mobil Producing TX. & N.M. Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,775,726 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 $375K, with roughly $57K 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 2,576 thousand cubic feet a month. Its strongest month on the record we hold was January 2019, at 3,209 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 PANHANDLE BANK
- Who operates PANHANDLE BANK?
- PANHANDLE BANK is operated by Mobil Producing TX. & N.M. Inc., Railroad Commission of Texas operator number 572550.
- Where is PANHANDLE BANK?
- PANHANDLE BANK is a Texas gas lease in Carson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 024310.
- Is PANHANDLE BANK still producing?
- PANHANDLE BANK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PANHANDLE BANK is August 2026.
- How much has PANHANDLE BANK produced?
- PANHANDLE BANK has reported 1,775,726 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is PANHANDLE BANK worth?
- The remaining production from PANHANDLE BANK is estimated to be worth about $375K in total as of 27 August 2026, within a range of $311K to $439K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PANHANDLE BANK is a fraction of it. The estimate fits an Arps decline curve to the production PANHANDLE BANK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PANHANDLE BANK is an estimate of value, not an offer and not an appraisal.
- How much income does PANHANDLE BANK generate in a year?
- PANHANDLE BANK is forecast to net about $57K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PANHANDLE BANK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mobil Producing TX. & N.M. Inc. |
|---|---|
| Field | Panhandle, West |
| County | Carson County, Texas |
| RRC district | 10 |
| Lease number | 024310 |
| Wellbores | 1 |
| Reported production | 1,775,726 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $375K |
Where PANHANDLE BANK 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.