PANZER 43
PANZER 43 is a Texas gas lease in Hardin County, Railroad Commission district 03, operated by Cimarron Engineering, LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2023 to August 2026, totalling 705,549 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 $2.4M, with roughly $727K 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 22,095 thousand cubic feet a month. Its strongest month on the record we hold was July 2025, at 38,515 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 PANZER 43
- Who operates PANZER 43?
- PANZER 43 is operated by Cimarron Engineering, LLC, Railroad Commission of Texas operator number 153471.
- Where is PANZER 43?
- PANZER 43 is a Texas gas lease in Hardin County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 295596.
- Is PANZER 43 still producing?
- PANZER 43 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PANZER 43 is August 2026.
- How much has PANZER 43 produced?
- PANZER 43 has reported 705,549 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2023 and August 2026, from 1 wellbore.
- How much is PANZER 43 worth?
- The remaining production from PANZER 43 is estimated to be worth about $2.4M in total as of 26 August 2026, within a range of $2.0M to $2.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PANZER 43 is a fraction of it. The estimate fits an Arps decline curve to the production PANZER 43 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PANZER 43 is an estimate of value, not an offer and not an appraisal.
- How much income does PANZER 43 generate in a year?
- PANZER 43 is forecast to net about $727K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PANZER 43 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cimarron Engineering, LLC |
|---|---|
| Field | Sour Lake (Yegua 10,000) |
| County | Hardin County, Texas |
| RRC district | 03 |
| Lease number | 295596 |
| Wellbores | 1 |
| Reported production | 705,549 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.4M |
Where PANZER 43 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.