BALL 2 UNIT
BALL 2 UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Phillips Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 629,765 thousand cubic feet. The lease is intermittent. 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 $7K, with roughly $915 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 9 thousand cubic feet a month. Its strongest month on the record we hold was July 2022, at 324 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 BALL 2 UNIT
- Who operates BALL 2 UNIT?
- BALL 2 UNIT is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is BALL 2 UNIT?
- BALL 2 UNIT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 086237.
- Is BALL 2 UNIT still producing?
- BALL 2 UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for BALL 2 UNIT is August 2026.
- How much has BALL 2 UNIT produced?
- BALL 2 UNIT has reported 629,765 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BALL 2 UNIT worth?
- The remaining production from BALL 2 UNIT is estimated to be worth about $7K in total as of 26 August 2026, within a range of $0 to $14K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BALL 2 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BALL 2 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BALL 2 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BALL 2 UNIT generate in a year?
- BALL 2 UNIT is forecast to net about $915 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BALL 2 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 086237 |
| Wellbores | 1 |
| Reported production | 629,765 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $7K |
Where BALL 2 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.