PAGE, L. E.
PAGE, L. E. is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Sheridan Production Co III, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2022 to August 2026, totalling 17,280 thousand cubic feet. The lease is intermittent. 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 $14K, with roughly $2K 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 18 thousand cubic feet a month. Its strongest month on the record we hold was February 2022, at 2,996 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 PAGE, L. E.
- Who operates PAGE, L. E.?
- PAGE, L. E. is operated by Sheridan Production Co III, LLC, Railroad Commission of Texas operator number 775851.
- Where is PAGE, L. E.?
- PAGE, L. E. is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 291990.
- Is PAGE, L. E. still producing?
- PAGE, L. E. is intermittent. The most recent month of production reported to the Railroad Commission of Texas for PAGE, L. E. is August 2026.
- How much has PAGE, L. E. produced?
- PAGE, L. E. has reported 17,280 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2022 and August 2026, from 1 wellbore.
- How much is PAGE, L. E. worth?
- The remaining production from PAGE, L. E. is estimated to be worth about $14K in total as of 26 August 2026, within a range of $8K to $21K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PAGE, L. E. is a fraction of it. The estimate fits an Arps decline curve to the production PAGE, L. E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PAGE, L. E. is an estimate of value, not an offer and not an appraisal.
- How much income does PAGE, L. E. generate in a year?
- PAGE, L. E. is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PAGE, L. E. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sheridan Production Co III, LLC |
|---|---|
| Field | Carthage (Travis Peak 6400) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 291990 |
| Wellbores | 1 |
| Reported production | 17,280 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $14K |
Where PAGE, L. E. 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.