JERNIGAN, MATTIE
JERNIGAN, MATTIE is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Ocean Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2001 to August 2026, totalling 1,094,592 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 $564K, with roughly $91K 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 3,294 thousand cubic feet a month. Its strongest month on the record we hold was December 2021, at 8,143 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 JERNIGAN, MATTIE
- Who operates JERNIGAN, MATTIE?
- JERNIGAN, MATTIE is operated by Ocean Energy, Inc., Railroad Commission of Texas operator number 617549.
- Where is JERNIGAN, MATTIE?
- JERNIGAN, MATTIE is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 183332.
- Is JERNIGAN, MATTIE still producing?
- JERNIGAN, MATTIE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JERNIGAN, MATTIE is August 2026.
- How much has JERNIGAN, MATTIE produced?
- JERNIGAN, MATTIE has reported 1,094,592 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2001 and August 2026, from 1 wellbore.
- How much is JERNIGAN, MATTIE worth?
- The remaining production from JERNIGAN, MATTIE is estimated to be worth about $564K in total as of 27 August 2026, within a range of $468K to $660K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JERNIGAN, MATTIE is a fraction of it. The estimate fits an Arps decline curve to the production JERNIGAN, MATTIE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JERNIGAN, MATTIE is an estimate of value, not an offer and not an appraisal.
- How much income does JERNIGAN, MATTIE generate in a year?
- JERNIGAN, MATTIE is forecast to net about $91K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JERNIGAN, MATTIE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ocean Energy, Inc. |
|---|---|
| Field | Carthage (Travis Peak) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 183332 |
| Wellbores | 1 |
| Reported production | 1,094,592 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $564K |
Where JERNIGAN, MATTIE 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.