EVANGELINE UNIT
EVANGELINE UNIT is a Texas oil lease in Panola County, Railroad Commission district 06, operated by Pennzoil Exploration & Prod. Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 39,032 barrels. 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 $93K, 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 38 barrels a month. Its strongest month on the record we hold was June 2022, at 172 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 EVANGELINE UNIT
- Who operates EVANGELINE UNIT?
- EVANGELINE UNIT is operated by Pennzoil Exploration & Prod. Co., Railroad Commission of Texas operator number 652352.
- Where is EVANGELINE UNIT?
- EVANGELINE UNIT is a Texas oil lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 12952.
- Is EVANGELINE UNIT still producing?
- EVANGELINE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EVANGELINE UNIT is August 2026.
- How much has EVANGELINE UNIT produced?
- EVANGELINE UNIT has reported 39,032 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is EVANGELINE UNIT worth?
- The remaining production from EVANGELINE UNIT is estimated to be worth about $93K in total as of 26 August 2026, within a range of $51K to $134K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EVANGELINE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production EVANGELINE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EVANGELINE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does EVANGELINE UNIT generate in a year?
- EVANGELINE UNIT 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 EVANGELINE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pennzoil Exploration & Prod. Co. |
|---|---|
| Field | Carthage (Thompson) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 12952 |
| Wellbores | 1 |
| Reported production | 39,032 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $93K |
Where EVANGELINE 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.