COOKE, J. W. UNIT 2
COOKE, J. W. UNIT 2 is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Lacy Operations, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from October 2005 to August 2026, totalling 1,743,261 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 $327K, with roughly $67K 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 2,767 thousand cubic feet a month. Its strongest month on the record we hold was August 2018, at 6,197 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 COOKE, J. W. UNIT 2
- Who operates COOKE, J. W. UNIT 2?
- COOKE, J. W. UNIT 2 is operated by Lacy Operations, Ltd., Railroad Commission of Texas operator number 480882.
- Where is COOKE, J. W. UNIT 2?
- COOKE, J. W. UNIT 2 is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 215666.
- Is COOKE, J. W. UNIT 2 still producing?
- COOKE, J. W. UNIT 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COOKE, J. W. UNIT 2 is August 2026.
- How much has COOKE, J. W. UNIT 2 produced?
- COOKE, J. W. UNIT 2 has reported 1,743,261 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2005 and August 2026, from 1 wellbore.
- How much is COOKE, J. W. UNIT 2 worth?
- The remaining production from COOKE, J. W. UNIT 2 is estimated to be worth about $327K in total as of 27 August 2026, within a range of $271K to $382K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COOKE, J. W. UNIT 2 is a fraction of it. The estimate fits an Arps decline curve to the production COOKE, J. W. UNIT 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COOKE, J. W. UNIT 2 is an estimate of value, not an offer and not an appraisal.
- How much income does COOKE, J. W. UNIT 2 generate in a year?
- COOKE, J. W. UNIT 2 is forecast to net about $67K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COOKE, J. W. UNIT 2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lacy Operations, Ltd. |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 215666 |
| Wellbores | 1 |
| Reported production | 1,743,261 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $327K |
Where COOKE, J. W. UNIT 2 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.