CHADWICK UNIT
CHADWICK UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from April 2011 to August 2026, totalling 1,576,596 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 $956K, with roughly $149K 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 6,134 thousand cubic feet a month. Its strongest month on the record we hold was March 2019, at 13,727 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 CHADWICK UNIT
- Who operates CHADWICK UNIT?
- CHADWICK UNIT is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is CHADWICK UNIT?
- CHADWICK UNIT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 262058.
- Is CHADWICK UNIT still producing?
- CHADWICK UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHADWICK UNIT is August 2026.
- How much has CHADWICK UNIT produced?
- CHADWICK UNIT has reported 1,576,596 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2011 and August 2026, from 1 wellbore.
- How much is CHADWICK UNIT worth?
- The remaining production from CHADWICK UNIT is estimated to be worth about $956K in total as of 26 August 2026, within a range of $794K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHADWICK UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CHADWICK UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHADWICK UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CHADWICK UNIT generate in a year?
- CHADWICK UNIT is forecast to net about $149K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHADWICK UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Carthage (Travis Peak 6400) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 262058 |
| Wellbores | 1 |
| Reported production | 1,576,596 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $956K |
Where CHADWICK 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.