NEAL, CHAS
NEAL, CHAS is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Enduring Resources, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2007 to August 2026, totalling 117,160 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 $3K, with roughly $343 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 19 thousand cubic feet a month. Its strongest month on the record we hold was July 2021, at 2,275 thousand cubic feet. 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 NEAL, CHAS
- Who operates NEAL, CHAS?
- NEAL, CHAS is operated by Enduring Resources, LLC, Railroad Commission of Texas operator number 252014.
- Where is NEAL, CHAS?
- NEAL, CHAS is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 230308.
- Is NEAL, CHAS still producing?
- NEAL, CHAS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEAL, CHAS is August 2026.
- How much has NEAL, CHAS produced?
- NEAL, CHAS has reported 117,160 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2007 and August 2026, from 1 wellbore.
- How much is NEAL, CHAS worth?
- The remaining production from NEAL, CHAS is estimated to be worth about $3K in total as of 27 August 2026, within a range of $1K to $4K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEAL, CHAS is a fraction of it. The estimate fits an Arps decline curve to the production NEAL, CHAS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEAL, CHAS is an estimate of value, not an offer and not an appraisal.
- How much income does NEAL, CHAS generate in a year?
- NEAL, CHAS is forecast to net about $343 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NEAL, CHAS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enduring Resources, LLC |
|---|---|
| Field | Minden (Cotton Valley Cons.) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 230308 |
| Wellbores | 1 |
| Reported production | 117,160 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where NEAL, CHAS 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.