FULTS GAS UNIT
FULTS GAS UNIT is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by Penn Virginia Oil & Gas, L.P. It has 1 wellbore on file with the Commission. Reported production runs from March 2010 to August 2026, totalling 6,068,445 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 $1.4M, with roughly $332K 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 19,693 thousand cubic feet a month. Its strongest month on the record we hold was May 2022, at 65,253 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 FULTS GAS UNIT
- Who operates FULTS GAS UNIT?
- FULTS GAS UNIT is operated by Penn Virginia Oil & Gas, L.P., Railroad Commission of Texas operator number 651780.
- Where is FULTS GAS UNIT?
- FULTS GAS UNIT is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 255415.
- Is FULTS GAS UNIT still producing?
- FULTS GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FULTS GAS UNIT is August 2026.
- How much has FULTS GAS UNIT produced?
- FULTS GAS UNIT has reported 6,068,445 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2010 and August 2026, from 1 wellbore.
- How much is FULTS GAS UNIT worth?
- The remaining production from FULTS GAS UNIT is estimated to be worth about $1.4M in total as of 27 August 2026, within a range of $1.2M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FULTS GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FULTS GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FULTS GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FULTS GAS UNIT generate in a year?
- FULTS GAS UNIT is forecast to net about $332K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FULTS GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Penn Virginia Oil & Gas, L.P. |
|---|---|
| Field | Carthage (Haynesville Shale) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 255415 |
| Wellbores | 1 |
| Reported production | 6,068,445 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where FULTS GAS 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.