PMC
PMC is a Texas gas lease in Jack County, Railroad Commission district 09, operated by Upham Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from March 2019 to August 2026, totalling 55,320 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 $48K, with roughly $8K 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 376 thousand cubic feet a month. Its strongest month on the record we hold was April 2022, at 3,399 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 PMC
- Who operates PMC?
- PMC is operated by Upham Oil & Gas Company, Railroad Commission of Texas operator number 878925.
- Where is PMC?
- PMC is a Texas gas lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 286672.
- Is PMC still producing?
- PMC is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PMC is August 2026.
- How much has PMC produced?
- PMC has reported 55,320 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2019 and August 2026, from 1 wellbore.
- How much is PMC worth?
- The remaining production from PMC is estimated to be worth about $48K in total as of 26 August 2026, within a range of $38K to $59K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PMC is a fraction of it. The estimate fits an Arps decline curve to the production PMC has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PMC is an estimate of value, not an offer and not an appraisal.
- How much income does PMC generate in a year?
- PMC is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PMC receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Upham Oil & Gas Company |
|---|---|
| Field | Morris (Consolidated Congl.) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 286672 |
| Wellbores | 1 |
| Reported production | 55,320 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $48K |
Where PMC 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.