CALLOW 2 UNIT
CALLOW 2 UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Conocophillips Company. It has 1 wellbore on file with the Commission. Reported production runs from October 2006 to August 2026, totalling 915,112 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 $323K, with roughly $63K 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 2,510 thousand cubic feet a month. Its strongest month on the record we hold was August 2019, at 7,771 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 CALLOW 2 UNIT
- Who operates CALLOW 2 UNIT?
- CALLOW 2 UNIT is operated by Conocophillips Company, Railroad Commission of Texas operator number 172232.
- Where is CALLOW 2 UNIT?
- CALLOW 2 UNIT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 225198.
- Is CALLOW 2 UNIT still producing?
- CALLOW 2 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CALLOW 2 UNIT is August 2026.
- How much has CALLOW 2 UNIT produced?
- CALLOW 2 UNIT has reported 915,112 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2006 and August 2026, from 1 wellbore.
- How much is CALLOW 2 UNIT worth?
- The remaining production from CALLOW 2 UNIT is estimated to be worth about $323K in total as of 26 August 2026, within a range of $268K to $378K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CALLOW 2 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CALLOW 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 CALLOW 2 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CALLOW 2 UNIT generate in a year?
- CALLOW 2 UNIT is forecast to net about $63K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CALLOW 2 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conocophillips Company |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 225198 |
| Wellbores | 1 |
| Reported production | 915,112 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $323K |
Where CALLOW 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.