SOUTH PURSLEY
SOUTH PURSLEY is a Texas gas lease in Gray County, Railroad Commission district 10, operated by Pursley Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 24,771 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 $32K, with roughly $4K 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 150 thousand cubic feet a month. Its strongest month on the record we hold was August 2025, at 183 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 SOUTH PURSLEY
- Who operates SOUTH PURSLEY?
- SOUTH PURSLEY is operated by Pursley Gas Company, Railroad Commission of Texas operator number 683190.
- Where is SOUTH PURSLEY?
- SOUTH PURSLEY is a Texas gas lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 026569.
- Is SOUTH PURSLEY still producing?
- SOUTH PURSLEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SOUTH PURSLEY is August 2026.
- How much has SOUTH PURSLEY produced?
- SOUTH PURSLEY has reported 24,771 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SOUTH PURSLEY worth?
- The remaining production from SOUTH PURSLEY is estimated to be worth about $32K in total as of 27 August 2026, within a range of $25K to $40K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SOUTH PURSLEY is a fraction of it. The estimate fits an Arps decline curve to the production SOUTH PURSLEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SOUTH PURSLEY is an estimate of value, not an offer and not an appraisal.
- How much income does SOUTH PURSLEY generate in a year?
- SOUTH PURSLEY is forecast to net about $4K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SOUTH PURSLEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pursley Gas Company |
|---|---|
| Field | Panhandle, East |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 026569 |
| Wellbores | 1 |
| Reported production | 24,771 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $32K |
Where SOUTH PURSLEY 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.