MASON TP
MASON TP is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Sheridan Production Company, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2019 to August 2026, totalling 100,275 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 $33K, with roughly $13K 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 395 thousand cubic feet a month. Its strongest month on the record we hold was October 2019, at 9,389 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 MASON TP
- Who operates MASON TP?
- MASON TP is operated by Sheridan Production Company, LLC, Railroad Commission of Texas operator number 775854.
- Where is MASON TP?
- MASON TP is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 288351.
- Is MASON TP still producing?
- MASON TP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MASON TP is August 2026.
- How much has MASON TP produced?
- MASON TP has reported 100,275 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2019 and August 2026, from 1 wellbore.
- How much is MASON TP worth?
- The remaining production from MASON TP is estimated to be worth about $33K in total as of 26 August 2026, within a range of $26K to $40K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MASON TP is a fraction of it. The estimate fits an Arps decline curve to the production MASON TP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MASON TP is an estimate of value, not an offer and not an appraisal.
- How much income does MASON TP generate in a year?
- MASON TP is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MASON TP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sheridan Production Company, LLC |
|---|---|
| Field | Carthage (Travis Peak) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 288351 |
| Wellbores | 1 |
| Reported production | 100,275 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $33K |
Where MASON TP 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.