BELL, MILES UNIT
BELL, MILES UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Burk Royalty Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,307,997 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 $281K, with roughly $52K 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 2,233 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 4,754 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 BELL, MILES UNIT
- Who operates BELL, MILES UNIT?
- BELL, MILES UNIT is operated by Burk Royalty Company, Railroad Commission of Texas operator number 108800.
- Where is BELL, MILES UNIT?
- BELL, MILES UNIT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 029532.
- Is BELL, MILES UNIT still producing?
- BELL, MILES UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BELL, MILES UNIT is August 2026.
- How much has BELL, MILES UNIT produced?
- BELL, MILES UNIT has reported 1,307,997 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BELL, MILES UNIT worth?
- The remaining production from BELL, MILES UNIT is estimated to be worth about $281K in total as of 26 August 2026, within a range of $233K to $329K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BELL, MILES UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BELL, MILES UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BELL, MILES UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BELL, MILES UNIT generate in a year?
- BELL, MILES UNIT is forecast to net about $52K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BELL, MILES UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Burk Royalty Company |
|---|---|
| Field | Bethany (Travis Peak) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 029532 |
| Wellbores | 1 |
| Reported production | 1,307,997 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $281K |
Where BELL, MILES UNIT 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.