PAULK
PAULK is a Texas gas lease in Gray County, Railroad Commission district 10, operated by Meridian Oil Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 506,880 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 $66K, with roughly $12K 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 517 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 1,222 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 PAULK
- Who operates PAULK?
- PAULK is operated by Meridian Oil Inc., Railroad Commission of Texas operator number 561132.
- Where is PAULK?
- PAULK is a Texas gas lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 023743.
- Is PAULK still producing?
- PAULK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PAULK is August 2026.
- How much has PAULK produced?
- PAULK has reported 506,880 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is PAULK worth?
- The remaining production from PAULK is estimated to be worth about $66K in total as of 26 August 2026, within a range of $52K to $81K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PAULK is a fraction of it. The estimate fits an Arps decline curve to the production PAULK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PAULK is an estimate of value, not an offer and not an appraisal.
- How much income does PAULK generate in a year?
- PAULK is forecast to net about $12K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PAULK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Meridian Oil Inc. |
|---|---|
| Field | Panhandle, West |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 023743 |
| Wellbores | 1 |
| Reported production | 506,880 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $66K |
Where PAULK 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.