POSS, L.T. UNIT
POSS, L.T. UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by TGNR East Texas LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2023 to August 2026, totalling 4,473,590 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 $5.2M, with roughly $1.2M 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 64,548 thousand cubic feet a month. Its strongest month on the record we hold was July 2023, at 291,647 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 POSS, L.T. UNIT
- Who operates POSS, L.T. UNIT?
- POSS, L.T. UNIT is operated by TGNR East Texas LLC, Railroad Commission of Texas operator number 850990.
- Where is POSS, L.T. UNIT?
- POSS, L.T. UNIT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 296760.
- Is POSS, L.T. UNIT still producing?
- POSS, L.T. UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POSS, L.T. UNIT is August 2026.
- How much has POSS, L.T. UNIT produced?
- POSS, L.T. UNIT has reported 4,473,590 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2023 and August 2026, from 1 wellbore.
- How much is POSS, L.T. UNIT worth?
- The remaining production from POSS, L.T. UNIT is estimated to be worth about $5.2M in total as of 27 August 2026, within a range of $4.2M to $6.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POSS, L.T. UNIT is a fraction of it. The estimate fits an Arps decline curve to the production POSS, L.T. UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POSS, L.T. UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does POSS, L.T. UNIT generate in a year?
- POSS, L.T. UNIT is forecast to net about $1.2M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in POSS, L.T. UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | TGNR East Texas LLC |
|---|---|
| Field | Carthage (Haynesville Shale) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 296760 |
| Wellbores | 1 |
| Reported production | 4,473,590 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.2M |
Where POSS, L.T. UNIT 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.