PANOLA DEVELOPMENT GU
PANOLA DEVELOPMENT GU is a Texas gas lease in Panola County, Railroad Commission district 06, operated by NFR Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2010 to August 2026, totalling 6,192,009 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 $1.1M, with roughly $173K 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 14,383 thousand cubic feet a month. Its strongest month on the record we hold was February 2026, at 55,995 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 PANOLA DEVELOPMENT GU
- Who operates PANOLA DEVELOPMENT GU?
- PANOLA DEVELOPMENT GU is operated by NFR Energy, LLC, Railroad Commission of Texas operator number 609261.
- Where is PANOLA DEVELOPMENT GU?
- PANOLA DEVELOPMENT GU is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 261846.
- Is PANOLA DEVELOPMENT GU still producing?
- PANOLA DEVELOPMENT GU is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PANOLA DEVELOPMENT GU is August 2026.
- How much has PANOLA DEVELOPMENT GU produced?
- PANOLA DEVELOPMENT GU has reported 6,192,009 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2010 and August 2026, from 1 wellbore.
- How much is PANOLA DEVELOPMENT GU worth?
- The remaining production from PANOLA DEVELOPMENT GU is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $936K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PANOLA DEVELOPMENT GU is a fraction of it. The estimate fits an Arps decline curve to the production PANOLA DEVELOPMENT GU has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PANOLA DEVELOPMENT GU is an estimate of value, not an offer and not an appraisal.
- How much income does PANOLA DEVELOPMENT GU generate in a year?
- PANOLA DEVELOPMENT GU is forecast to net about $173K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PANOLA DEVELOPMENT GU receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | NFR Energy, LLC |
|---|---|
| Field | Carthage (Haynesville Shale) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 261846 |
| Wellbores | 1 |
| Reported production | 6,192,009 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where PANOLA DEVELOPMENT GU 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.