LA GRONE-JESTER
LA GRONE-JESTER is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Texaco E & P Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,363,527 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 $476K, with roughly $74K 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 3,317 thousand cubic feet a month. Its strongest month on the record we hold was October 2025, at 6,951 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 LA GRONE-JESTER
- Who operates LA GRONE-JESTER?
- LA GRONE-JESTER is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is LA GRONE-JESTER?
- LA GRONE-JESTER is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 030179.
- Is LA GRONE-JESTER still producing?
- LA GRONE-JESTER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LA GRONE-JESTER is August 2026.
- How much has LA GRONE-JESTER produced?
- LA GRONE-JESTER has reported 1,363,527 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is LA GRONE-JESTER worth?
- The remaining production from LA GRONE-JESTER is estimated to be worth about $476K in total as of 27 August 2026, within a range of $395K to $557K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LA GRONE-JESTER is a fraction of it. The estimate fits an Arps decline curve to the production LA GRONE-JESTER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LA GRONE-JESTER is an estimate of value, not an offer and not an appraisal.
- How much income does LA GRONE-JESTER generate in a year?
- LA GRONE-JESTER is forecast to net about $74K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LA GRONE-JESTER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texaco E & P Inc. |
|---|---|
| Field | Carthage (Pettit, Lower Gas) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 030179 |
| Wellbores | 1 |
| Reported production | 1,363,527 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $476K |
Where LA GRONE-JESTER 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.