SOUTHLAND PAPER CO.

SOUTHLAND PAPER CO. 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 December 2007 to August 2026, totalling 506,807 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 $38K, with roughly $7K 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 282 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 946 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 SOUTHLAND PAPER CO.

Who operates SOUTHLAND PAPER CO.?
SOUTHLAND PAPER CO. is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
Where is SOUTHLAND PAPER CO.?
SOUTHLAND PAPER CO. is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 233593.
Is SOUTHLAND PAPER CO. still producing?
SOUTHLAND PAPER CO. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SOUTHLAND PAPER CO. is August 2026.
How much has SOUTHLAND PAPER CO. produced?
SOUTHLAND PAPER CO. has reported 506,807 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2007 and August 2026, from 1 wellbore.
How much is SOUTHLAND PAPER CO. worth?
The remaining production from SOUTHLAND PAPER CO. is estimated to be worth about $38K in total as of 27 August 2026, within a range of $29K to $46K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SOUTHLAND PAPER CO. is a fraction of it. The estimate fits an Arps decline curve to the production SOUTHLAND PAPER CO. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SOUTHLAND PAPER CO. is an estimate of value, not an offer and not an appraisal.
How much income does SOUTHLAND PAPER CO. generate in a year?
SOUTHLAND PAPER CO. is forecast to net about $7K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SOUTHLAND PAPER CO. receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SOUTHLAND PAPER CO. as filed with the Railroad Commission of Texas
OperatorDevon Energy Production Co, L.P.
FieldCarthage (Cotton Valley)
CountyPanola County, Texas
RRC district06
Lease number233593
Wellbores1
Reported production506,807 mcf
First reported
Last reported
Estimated royalty value$38K

Where SOUTHLAND PAPER CO. 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.