SHARP-SMITH UNIT
SHARP-SMITH UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Chevron U. S. A. Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2005 to August 2026, totalling 379,786 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 $92K, with roughly $15K 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 493 thousand cubic feet a month. Its strongest month on the record we hold was March 2018, at 1,390 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 SHARP-SMITH UNIT
- Who operates SHARP-SMITH UNIT?
- SHARP-SMITH UNIT is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is SHARP-SMITH UNIT?
- SHARP-SMITH UNIT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 207782.
- Is SHARP-SMITH UNIT still producing?
- SHARP-SMITH UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHARP-SMITH UNIT is August 2026.
- How much has SHARP-SMITH UNIT produced?
- SHARP-SMITH UNIT has reported 379,786 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2005 and August 2026, from 1 wellbore.
- How much is SHARP-SMITH UNIT worth?
- The remaining production from SHARP-SMITH UNIT is estimated to be worth about $92K in total as of 26 August 2026, within a range of $72K to $112K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHARP-SMITH UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SHARP-SMITH UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHARP-SMITH UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SHARP-SMITH UNIT generate in a year?
- SHARP-SMITH UNIT is forecast to net about $15K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SHARP-SMITH UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 207782 |
| Wellbores | 1 |
| Reported production | 379,786 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $92K |
Where SHARP-SMITH 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.