PALMYRA
PALMYRA is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Cody Energy LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2006 to August 2026, totalling 532,106 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 $76K, with roughly $24K 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 937 thousand cubic feet a month. Its strongest month on the record we hold was January 2026, at 4,325 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 PALMYRA
- Who operates PALMYRA?
- PALMYRA is operated by Cody Energy LLC, Railroad Commission of Texas operator number 164455.
- Where is PALMYRA?
- PALMYRA is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 217017.
- Is PALMYRA still producing?
- PALMYRA is intermittent. The most recent month of production reported to the Railroad Commission of Texas for PALMYRA is August 2026.
- How much has PALMYRA produced?
- PALMYRA has reported 532,106 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2006 and August 2026, from 1 wellbore.
- How much is PALMYRA worth?
- The remaining production from PALMYRA is estimated to be worth about $76K in total as of 26 August 2026, within a range of $59K to $93K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PALMYRA is a fraction of it. The estimate fits an Arps decline curve to the production PALMYRA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PALMYRA is an estimate of value, not an offer and not an appraisal.
- How much income does PALMYRA generate in a year?
- PALMYRA is forecast to net about $24K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PALMYRA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cody Energy LLC |
|---|---|
| Field | Lopeno (Consolidated) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 217017 |
| Wellbores | 1 |
| Reported production | 532,106 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $76K |
Where PALMYRA 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.