STEELE, CORRIE UNIT
STEELE, CORRIE UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from September 2002 to August 2026, totalling 474,503 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 $9K, with roughly $1K 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 42 thousand cubic feet a month. Its strongest month on the record we hold was June 2019, at 10,508 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 STEELE, CORRIE UNIT
- Who operates STEELE, CORRIE UNIT?
- STEELE, CORRIE UNIT is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is STEELE, CORRIE UNIT?
- STEELE, CORRIE UNIT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 191646.
- Is STEELE, CORRIE UNIT still producing?
- STEELE, CORRIE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEELE, CORRIE UNIT is August 2026.
- How much has STEELE, CORRIE UNIT produced?
- STEELE, CORRIE UNIT has reported 474,503 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2002 and August 2026, from 1 wellbore.
- How much is STEELE, CORRIE UNIT worth?
- The remaining production from STEELE, CORRIE UNIT is estimated to be worth about $9K in total as of 26 August 2026, within a range of $5K to $13K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEELE, CORRIE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production STEELE, CORRIE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEELE, CORRIE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does STEELE, CORRIE UNIT generate in a year?
- STEELE, CORRIE UNIT is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STEELE, CORRIE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Bethany (Travis Peak) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 191646 |
| Wellbores | 1 |
| Reported production | 474,503 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $9K |
Where STEELE, CORRIE 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.