PALM UNIT
PALM UNIT is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Apache Corporation. It has 1 wellbore on file with the Commission. Reported production runs from May 2018 to August 2026, totalling 5,362,851 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 $347K, with roughly $197K 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 20,078 thousand cubic feet a month. Its strongest month on the record we hold was June 2018, at 219,183 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 PALM UNIT
- Who operates PALM UNIT?
- PALM UNIT is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is PALM UNIT?
- PALM UNIT is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 285158.
- Is PALM UNIT still producing?
- PALM UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PALM UNIT is August 2026.
- How much has PALM UNIT produced?
- PALM UNIT has reported 5,362,851 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2018 and August 2026, from 1 wellbore.
- How much is PALM UNIT worth?
- The remaining production from PALM UNIT is estimated to be worth about $347K in total as of 27 August 2026, within a range of $285K to $410K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PALM UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PALM UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PALM UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PALM UNIT generate in a year?
- PALM UNIT is forecast to net about $197K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PALM UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Alpine High (Cons) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 285158 |
| Wellbores | 1 |
| Reported production | 5,362,851 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $347K |
Where PALM 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.