CRENSHAW
CRENSHAW is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Hopewell Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2009 to August 2026, totalling 130,861 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 $50K, with roughly $11K 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 404 thousand cubic feet a month. Its strongest month on the record we hold was September 2020, at 1,708 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 CRENSHAW
- Who operates CRENSHAW?
- CRENSHAW is operated by Hopewell Operating, Inc., Railroad Commission of Texas operator number 399624.
- Where is CRENSHAW?
- CRENSHAW is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 247267.
- Is CRENSHAW still producing?
- CRENSHAW is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRENSHAW is August 2026.
- How much has CRENSHAW produced?
- CRENSHAW has reported 130,861 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2009 and August 2026, from 1 wellbore.
- How much is CRENSHAW worth?
- The remaining production from CRENSHAW is estimated to be worth about $50K in total as of 26 August 2026, within a range of $39K to $61K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRENSHAW is a fraction of it. The estimate fits an Arps decline curve to the production CRENSHAW has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRENSHAW is an estimate of value, not an offer and not an appraisal.
- How much income does CRENSHAW generate in a year?
- CRENSHAW is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CRENSHAW receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hopewell Operating, Inc. |
|---|---|
| Field | Panola |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 247267 |
| Wellbores | 1 |
| Reported production | 130,861 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $50K |
Where CRENSHAW 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.