PENNINGTON
PENNINGTON is a Texas gas lease in Roberts County, Railroad Commission district 10, operated by Pantera Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from March 2008 to August 2026, totalling 148,773 thousand cubic feet. The lease is intermittent. 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 $19K, 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 242 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 740 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 PENNINGTON
- Who operates PENNINGTON?
- PENNINGTON is operated by Pantera Energy Company, Railroad Commission of Texas operator number 638486.
- Where is PENNINGTON?
- PENNINGTON is a Texas gas lease in Roberts County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 237146.
- Is PENNINGTON still producing?
- PENNINGTON is intermittent. The most recent month of production reported to the Railroad Commission of Texas for PENNINGTON is August 2026.
- How much has PENNINGTON produced?
- PENNINGTON has reported 148,773 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2008 and August 2026, from 1 wellbore.
- How much is PENNINGTON worth?
- The remaining production from PENNINGTON is estimated to be worth about $19K in total as of 26 August 2026, within a range of $15K to $23K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PENNINGTON is a fraction of it. The estimate fits an Arps decline curve to the production PENNINGTON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PENNINGTON is an estimate of value, not an offer and not an appraisal.
- How much income does PENNINGTON generate in a year?
- PENNINGTON 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 PENNINGTON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pantera Energy Company |
|---|---|
| Field | Quinduno (Albany Dolomite, Lo.) |
| County | Roberts County, Texas |
| RRC district | 10 |
| Lease number | 237146 |
| Wellbores | 1 |
| Reported production | 148,773 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $19K |
Where PENNINGTON 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.