EMMA
EMMA is a Texas gas lease in Moore County, Railroad Commission district 10, operated by Pantera Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2014 to August 2026, totalling 360,837 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 $252K, with roughly $38K 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 1,576 thousand cubic feet a month. Its strongest month on the record we hold was January 2017, at 4,366 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 EMMA
- Who operates EMMA?
- EMMA is operated by Pantera Energy Company, Railroad Commission of Texas operator number 638486.
- Where is EMMA?
- EMMA is a Texas gas lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 276133.
- Is EMMA still producing?
- EMMA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EMMA is August 2026.
- How much has EMMA produced?
- EMMA has reported 360,837 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2014 and August 2026, from 1 wellbore.
- How much is EMMA worth?
- The remaining production from EMMA is estimated to be worth about $252K in total as of 26 August 2026, within a range of $209K to $295K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EMMA is a fraction of it. The estimate fits an Arps decline curve to the production EMMA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EMMA is an estimate of value, not an offer and not an appraisal.
- How much income does EMMA generate in a year?
- EMMA is forecast to net about $38K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in EMMA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pantera Energy Company |
|---|---|
| Field | Texas Hugoton |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 276133 |
| Wellbores | 1 |
| Reported production | 360,837 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $252K |
Where EMMA 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.