CHOICE
CHOICE is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Pmo. It has 1 wellbore on file with the Commission. Reported production runs from February 2007 to August 2026, totalling 302,066 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 $15K, with roughly $4K 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 284 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 1,089 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 CHOICE
- Who operates CHOICE?
- CHOICE is operated by Pmo, Railroad Commission of Texas operator number 668494.
- Where is CHOICE?
- CHOICE is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 228352.
- Is CHOICE still producing?
- CHOICE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for CHOICE is August 2026.
- How much has CHOICE produced?
- CHOICE has reported 302,066 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2007 and August 2026, from 1 wellbore.
- How much is CHOICE worth?
- The remaining production from CHOICE is estimated to be worth about $15K in total as of 26 August 2026, within a range of $12K to $19K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHOICE is a fraction of it. The estimate fits an Arps decline curve to the production CHOICE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHOICE is an estimate of value, not an offer and not an appraisal.
- How much income does CHOICE generate in a year?
- CHOICE is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHOICE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pmo |
|---|---|
| Field | Minden (Cotton Valley Cons.) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 228352 |
| Wellbores | 1 |
| Reported production | 302,066 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $15K |
Where CHOICE 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.