TORKELSON
TORKELSON is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Palmer Petroleum Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2000 to August 2026, totalling 1,287,457 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 $62K, with roughly $11K 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 522 thousand cubic feet a month. Its strongest month on the record we hold was December 2018, at 5,500 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 TORKELSON
- Who operates TORKELSON?
- TORKELSON is operated by Palmer Petroleum Inc., Railroad Commission of Texas operator number 636222.
- Where is TORKELSON?
- TORKELSON is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 180838.
- Is TORKELSON still producing?
- TORKELSON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TORKELSON is August 2026.
- How much has TORKELSON produced?
- TORKELSON has reported 1,287,457 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2000 and August 2026, from 1 wellbore.
- How much is TORKELSON worth?
- The remaining production from TORKELSON is estimated to be worth about $62K in total as of 26 August 2026, within a range of $48K to $75K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TORKELSON is a fraction of it. The estimate fits an Arps decline curve to the production TORKELSON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TORKELSON is an estimate of value, not an offer and not an appraisal.
- How much income does TORKELSON generate in a year?
- TORKELSON is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TORKELSON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Palmer Petroleum Inc. |
|---|---|
| Field | Oak Hill (Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 180838 |
| Wellbores | 1 |
| Reported production | 1,287,457 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $62K |
Where TORKELSON 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.