GLEASON
GLEASON is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Slant Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2022 to August 2026, totalling 2,636,446 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 $2.6M, with roughly $567K 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 25,330 thousand cubic feet a month. Its strongest month on the record we hold was May 2022, at 106,926 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 GLEASON
- Who operates GLEASON?
- GLEASON is operated by Slant Operating, LLC, Railroad Commission of Texas operator number 786697.
- Where is GLEASON?
- GLEASON is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 292444.
- Is GLEASON still producing?
- GLEASON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GLEASON is August 2026.
- How much has GLEASON produced?
- GLEASON has reported 2,636,446 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2022 and August 2026, from 1 wellbore.
- How much is GLEASON worth?
- The remaining production from GLEASON is estimated to be worth about $2.6M in total as of 27 August 2026, within a range of $2.1M to $3.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GLEASON is a fraction of it. The estimate fits an Arps decline curve to the production GLEASON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GLEASON is an estimate of value, not an offer and not an appraisal.
- How much income does GLEASON generate in a year?
- GLEASON is forecast to net about $567K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GLEASON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Slant Operating, LLC |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 292444 |
| Wellbores | 1 |
| Reported production | 2,636,446 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.6M |
Where GLEASON 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.