CUMMINGS

CUMMINGS is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Ocean Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2001 to August 2026, totalling 914,766 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 $46K, with roughly $16K 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 787 thousand cubic feet a month. Its strongest month on the record we hold was December 2021, at 3,966 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 CUMMINGS

Who operates CUMMINGS?
CUMMINGS is operated by Ocean Energy, Inc., Railroad Commission of Texas operator number 617549.
Where is CUMMINGS?
CUMMINGS is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 185689.
Is CUMMINGS still producing?
CUMMINGS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CUMMINGS is August 2026.
How much has CUMMINGS produced?
CUMMINGS has reported 914,766 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2001 and August 2026, from 1 wellbore.
How much is CUMMINGS worth?
The remaining production from CUMMINGS is estimated to be worth about $46K in total as of 26 August 2026, within a range of $36K to $56K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CUMMINGS is a fraction of it. The estimate fits an Arps decline curve to the production CUMMINGS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CUMMINGS is an estimate of value, not an offer and not an appraisal.
How much income does CUMMINGS generate in a year?
CUMMINGS is forecast to net about $16K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CUMMINGS receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CUMMINGS as filed with the Railroad Commission of Texas
OperatorOcean Energy, Inc.
FieldCarthage (Cotton Valley)
CountyPanola County, Texas
RRC district06
Lease number185689
Wellbores1
Reported production914,766 mcf
First reported
Last reported
Estimated royalty value$46K

Where CUMMINGS 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.