RICH UNIT
RICH UNIT 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 August 2017 to August 2026, totalling 5,179,504 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 $1.2M, with roughly $287K 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 15,286 thousand cubic feet a month. Its strongest month on the record we hold was October 2017, at 246,996 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 RICH UNIT
- Who operates RICH UNIT?
- RICH UNIT is operated by Petroquest Energy, L.L.C., Railroad Commission of Texas operator number 660818.
- Where is RICH UNIT?
- RICH UNIT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 283763.
- Is RICH UNIT still producing?
- RICH UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RICH UNIT is August 2026.
- How much has RICH UNIT produced?
- RICH UNIT has reported 5,179,504 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2017 and August 2026, from 1 wellbore.
- How much is RICH UNIT worth?
- The remaining production from RICH UNIT is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $1.0M to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RICH UNIT is a fraction of it. The estimate fits an Arps decline curve to the production RICH UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RICH UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does RICH UNIT generate in a year?
- RICH UNIT is forecast to net about $287K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RICH UNIT 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 | 283763 |
| Wellbores | 1 |
| Reported production | 5,179,504 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where RICH 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.