PENNA-SIKES
PENNA-SIKES is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Petroquest Energy, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from September 2011 to August 2026, totalling 3,219,297 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 $184K 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 6,919 thousand cubic feet a month. Its strongest month on the record we hold was January 2017, at 17,157 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 PENNA-SIKES
- Who operates PENNA-SIKES?
- PENNA-SIKES is operated by Petroquest Energy, L.L.C., Railroad Commission of Texas operator number 660818.
- Where is PENNA-SIKES?
- PENNA-SIKES is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 266830.
- Is PENNA-SIKES still producing?
- PENNA-SIKES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PENNA-SIKES is August 2026.
- How much has PENNA-SIKES produced?
- PENNA-SIKES has reported 3,219,297 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2011 and August 2026, from 1 wellbore.
- How much is PENNA-SIKES worth?
- The remaining production from PENNA-SIKES is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $933K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PENNA-SIKES is a fraction of it. The estimate fits an Arps decline curve to the production PENNA-SIKES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PENNA-SIKES is an estimate of value, not an offer and not an appraisal.
- How much income does PENNA-SIKES generate in a year?
- PENNA-SIKES is forecast to net about $184K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PENNA-SIKES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Petroquest Energy, L.L.C. |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 266830 |
| Wellbores | 1 |
| Reported production | 3,219,297 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where PENNA-SIKES 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.