CASSITY GAS UNIT
CASSITY GAS UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by KJ Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2021 to August 2026, totalling 4,177,530 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 $700K, with roughly $285K 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 16,851 thousand cubic feet a month. Its strongest month on the record we hold was December 2021, at 461,450 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 CASSITY GAS UNIT
- Who operates CASSITY GAS UNIT?
- CASSITY GAS UNIT is operated by KJ Energy, LLC, Railroad Commission of Texas operator number 469901.
- Where is CASSITY GAS UNIT?
- CASSITY GAS UNIT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 292481.
- Is CASSITY GAS UNIT still producing?
- CASSITY GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CASSITY GAS UNIT is August 2026.
- How much has CASSITY GAS UNIT produced?
- CASSITY GAS UNIT has reported 4,177,530 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2021 and August 2026, from 1 wellbore.
- How much is CASSITY GAS UNIT worth?
- The remaining production from CASSITY GAS UNIT is estimated to be worth about $700K in total as of 27 August 2026, within a range of $574K to $826K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CASSITY GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CASSITY GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CASSITY GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CASSITY GAS UNIT generate in a year?
- CASSITY GAS UNIT is forecast to net about $285K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CASSITY GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | KJ Energy, LLC |
|---|---|
| Field | Brachfield, S.E. (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 292481 |
| Wellbores | 1 |
| Reported production | 4,177,530 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $700K |
Where CASSITY GAS 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.