PIRKLE -B-
PIRKLE -B- is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 1999 to August 2026, totalling 919,282 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 $323K, with roughly $66K 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 1,959 thousand cubic feet a month. Its strongest month on the record we hold was May 2021, at 2,705 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 PIRKLE -B-
- Who operates PIRKLE -B-?
- PIRKLE -B- is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is PIRKLE -B-?
- PIRKLE -B- is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 176358.
- Is PIRKLE -B- still producing?
- PIRKLE -B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PIRKLE -B- is August 2026.
- How much has PIRKLE -B- produced?
- PIRKLE -B- has reported 919,282 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 1999 and August 2026, from 1 wellbore.
- How much is PIRKLE -B- worth?
- The remaining production from PIRKLE -B- is estimated to be worth about $323K in total as of 26 August 2026, within a range of $268K to $378K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PIRKLE -B- is a fraction of it. The estimate fits an Arps decline curve to the production PIRKLE -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PIRKLE -B- is an estimate of value, not an offer and not an appraisal.
- How much income does PIRKLE -B- generate in a year?
- PIRKLE -B- is forecast to net about $66K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PIRKLE -B- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Carthage (Pettit, Lower Gas) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 176358 |
| Wellbores | 1 |
| Reported production | 919,282 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $323K |
Where PIRKLE -B- 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.