BARNETT UNIT
BARNETT UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Chevron U. S. A. Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2006 to August 2026, totalling 543,179 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 $85K, with roughly $19K 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 700 thousand cubic feet a month. Its strongest month on the record we hold was August 2021, at 3,394 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 BARNETT UNIT
- Who operates BARNETT UNIT?
- BARNETT UNIT is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is BARNETT UNIT?
- BARNETT UNIT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 221805.
- Is BARNETT UNIT still producing?
- BARNETT UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BARNETT UNIT is August 2026.
- How much has BARNETT UNIT produced?
- BARNETT UNIT has reported 543,179 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2006 and August 2026, from 1 wellbore.
- How much is BARNETT UNIT worth?
- The remaining production from BARNETT UNIT is estimated to be worth about $85K in total as of 27 August 2026, within a range of $66K to $104K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BARNETT UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BARNETT UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BARNETT UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BARNETT UNIT generate in a year?
- BARNETT UNIT is forecast to net about $19K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BARNETT UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 221805 |
| Wellbores | 1 |
| Reported production | 543,179 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $85K |
Where BARNETT 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.