WRIGHT-TWOMEY
WRIGHT-TWOMEY is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Reef Exploration, Inc. (A-1). It has 1 wellbore on file with the Commission. Reported production runs from December 1997 to August 2026, totalling 818,692 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 $28K, with roughly $5K 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 236 thousand cubic feet a month. Its strongest month on the record we hold was November 2018, at 2,400 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 WRIGHT-TWOMEY
- Who operates WRIGHT-TWOMEY?
- WRIGHT-TWOMEY is operated by Reef Exploration, Inc. (A-1), Railroad Commission of Texas operator number 697955.
- Where is WRIGHT-TWOMEY?
- WRIGHT-TWOMEY is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 166997.
- Is WRIGHT-TWOMEY still producing?
- WRIGHT-TWOMEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WRIGHT-TWOMEY is August 2026.
- How much has WRIGHT-TWOMEY produced?
- WRIGHT-TWOMEY has reported 818,692 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 1997 and August 2026, from 1 wellbore.
- How much is WRIGHT-TWOMEY worth?
- The remaining production from WRIGHT-TWOMEY is estimated to be worth about $28K in total as of 26 August 2026, within a range of $22K to $34K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WRIGHT-TWOMEY is a fraction of it. The estimate fits an Arps decline curve to the production WRIGHT-TWOMEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WRIGHT-TWOMEY is an estimate of value, not an offer and not an appraisal.
- How much income does WRIGHT-TWOMEY generate in a year?
- WRIGHT-TWOMEY is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WRIGHT-TWOMEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Reef Exploration, Inc. (A-1) |
|---|---|
| Field | Carthage (Travis Peak-Collins) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 166997 |
| Wellbores | 1 |
| Reported production | 818,692 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $28K |
Where WRIGHT-TWOMEY 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.