PAGEL "A"

PAGEL "A" is a Texas gas lease in Burleson County, Railroad Commission district 03, operated by B D Production Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2020 to August 2026, totalling 6,390 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 $6K, with roughly $724 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 43 thousand cubic feet a month. Its strongest month on the record we hold was May 2021, at 151 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 PAGEL "A"

Who operates PAGEL "A"?
PAGEL "A" is operated by B D Production Co., Inc., Railroad Commission of Texas operator number 040190.
Where is PAGEL "A"?
PAGEL "A" is a Texas gas lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 291819.
Is PAGEL "A" still producing?
PAGEL "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PAGEL "A" is August 2026.
How much has PAGEL "A" produced?
PAGEL "A" has reported 6,390 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2020 and August 2026, from 1 wellbore.
How much is PAGEL "A" worth?
The remaining production from PAGEL "A" is estimated to be worth about $6K in total as of 27 August 2026, within a range of $3K to $8K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PAGEL "A" is a fraction of it. The estimate fits an Arps decline curve to the production PAGEL "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PAGEL "A" is an estimate of value, not an offer and not an appraisal.
How much income does PAGEL "A" generate in a year?
PAGEL "A" is forecast to net about $724 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PAGEL "A" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

PAGEL "A" as filed with the Railroad Commission of Texas
OperatorB D Production Co., Inc.
FieldCaldwell (Austin Chalk)
CountyBurleson County, Texas
RRC district03
Lease number291819
Wellbores1
Reported production6,390 mcf
First reported
Last reported
Estimated royalty value$6K

Where PAGEL "A" 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.