RHOADES, LAWLESS
RHOADES, LAWLESS 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 June 2007 to August 2026, totalling 495,163 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 $13K, with roughly $2K 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 43 thousand cubic feet a month. Its strongest month on the record we hold was October 2022, at 3,029 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 RHOADES, LAWLESS
- Who operates RHOADES, LAWLESS?
- RHOADES, LAWLESS is operated by Penn Virginia Oil & Gas, L.P., Railroad Commission of Texas operator number 651780.
- Where is RHOADES, LAWLESS?
- RHOADES, LAWLESS is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 230652.
- Is RHOADES, LAWLESS still producing?
- RHOADES, LAWLESS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RHOADES, LAWLESS is August 2026.
- How much has RHOADES, LAWLESS produced?
- RHOADES, LAWLESS has reported 495,163 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2007 and August 2026, from 1 wellbore.
- How much is RHOADES, LAWLESS worth?
- The remaining production from RHOADES, LAWLESS is estimated to be worth about $13K in total as of 26 August 2026, within a range of $7K to $19K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RHOADES, LAWLESS is a fraction of it. The estimate fits an Arps decline curve to the production RHOADES, LAWLESS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RHOADES, LAWLESS is an estimate of value, not an offer and not an appraisal.
- How much income does RHOADES, LAWLESS generate in a year?
- RHOADES, LAWLESS is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RHOADES, LAWLESS 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, North (Cotton Valley) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 230652 |
| Wellbores | 1 |
| Reported production | 495,163 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $13K |
Where RHOADES, LAWLESS 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.