JOE BAILEY HILLIN GAS UNIT
JOE BAILEY HILLIN GAS UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by KJ Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2023 to August 2026, totalling 3,119,556 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 $1.2M, with roughly $366K 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 22,632 thousand cubic feet a month. Its strongest month on the record we hold was May 2023, at 438,271 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 JOE BAILEY HILLIN GAS UNIT
- Who operates JOE BAILEY HILLIN GAS UNIT?
- JOE BAILEY HILLIN GAS UNIT is operated by KJ Energy, LLC, Railroad Commission of Texas operator number 469901.
- Where is JOE BAILEY HILLIN GAS UNIT?
- JOE BAILEY HILLIN GAS UNIT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 295882.
- Is JOE BAILEY HILLIN GAS UNIT still producing?
- JOE BAILEY HILLIN GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOE BAILEY HILLIN GAS UNIT is August 2026.
- How much has JOE BAILEY HILLIN GAS UNIT produced?
- JOE BAILEY HILLIN GAS UNIT has reported 3,119,556 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2023 and August 2026, from 1 wellbore.
- How much is JOE BAILEY HILLIN GAS UNIT worth?
- The remaining production from JOE BAILEY HILLIN GAS UNIT is estimated to be worth about $1.2M in total as of 27 August 2026, within a range of $997K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOE BAILEY HILLIN GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production JOE BAILEY HILLIN GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOE BAILEY HILLIN GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does JOE BAILEY HILLIN GAS UNIT generate in a year?
- JOE BAILEY HILLIN GAS UNIT is forecast to net about $366K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JOE BAILEY HILLIN GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | KJ Energy, LLC |
|---|---|
| Field | Brachfield, S.E. (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 295882 |
| Wellbores | 1 |
| Reported production | 3,119,556 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where JOE BAILEY HILLIN GAS 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.