SHARP, BELLE GU
SHARP, BELLE GU is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Texas Utilities Mining Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 781,828 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 $41K, with roughly $14K 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 536 thousand cubic feet a month. Its strongest month on the record we hold was May 2018, at 6,151 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 SHARP, BELLE GU
- Who operates SHARP, BELLE GU?
- SHARP, BELLE GU is operated by Texas Utilities Mining Co., Railroad Commission of Texas operator number 848308.
- Where is SHARP, BELLE GU?
- SHARP, BELLE GU is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 030193.
- Is SHARP, BELLE GU still producing?
- SHARP, BELLE GU is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHARP, BELLE GU is August 2026.
- How much has SHARP, BELLE GU produced?
- SHARP, BELLE GU has reported 781,828 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SHARP, BELLE GU worth?
- The remaining production from SHARP, BELLE GU is estimated to be worth about $41K in total as of 26 August 2026, within a range of $32K to $50K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHARP, BELLE GU is a fraction of it. The estimate fits an Arps decline curve to the production SHARP, BELLE GU has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHARP, BELLE GU is an estimate of value, not an offer and not an appraisal.
- How much income does SHARP, BELLE GU generate in a year?
- SHARP, BELLE GU is forecast to net about $14K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SHARP, BELLE GU receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texas Utilities Mining Co. |
|---|---|
| Field | Carthage (Pettit, Lower Gas) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 030193 |
| Wellbores | 1 |
| Reported production | 781,828 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $41K |
Where SHARP, BELLE GU 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.