SMITH ET AL
SMITH ET AL is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Craton Energy Holdings III, LP. It has 1 wellbore on file with the Commission. Reported production runs from March 2008 to August 2026, totalling 668,728 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 $9K, with roughly $6K 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 600 thousand cubic feet a month. Its strongest month on the record we hold was May 2018, at 3,418 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 SMITH ET AL
- Who operates SMITH ET AL?
- SMITH ET AL is operated by Craton Energy Holdings III, LP, Railroad Commission of Texas operator number 186713.
- Where is SMITH ET AL?
- SMITH ET AL is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 235997.
- Is SMITH ET AL still producing?
- SMITH ET AL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SMITH ET AL is August 2026.
- How much has SMITH ET AL produced?
- SMITH ET AL has reported 668,728 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2008 and August 2026, from 1 wellbore.
- How much is SMITH ET AL worth?
- The remaining production from SMITH ET AL is estimated to be worth about $9K in total as of 27 August 2026, within a range of $7K to $11K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMITH ET AL is a fraction of it. The estimate fits an Arps decline curve to the production SMITH ET AL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SMITH ET AL is an estimate of value, not an offer and not an appraisal.
- How much income does SMITH ET AL generate in a year?
- SMITH ET AL is forecast to net about $6K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SMITH ET AL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Craton Energy Holdings III, LP |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 235997 |
| Wellbores | 1 |
| Reported production | 668,728 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $9K |
Where SMITH ET AL 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.