PEEL
PEEL is a Texas gas lease in Jack County, Railroad Commission district 09, operated by Excel Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2001 to August 2026, totalling 185,961 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 $4K, with roughly $536 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 24 thousand cubic feet a month. Its strongest month on the record we hold was August 2018, at 107 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 PEEL
- Who operates PEEL?
- PEEL is operated by Excel Oil & Gas, Inc., Railroad Commission of Texas operator number 256865.
- Where is PEEL?
- PEEL is a Texas gas lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 182830.
- Is PEEL still producing?
- PEEL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEEL is August 2026.
- How much has PEEL produced?
- PEEL has reported 185,961 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2001 and August 2026, from 1 wellbore.
- How much is PEEL worth?
- The remaining production from PEEL is estimated to be worth about $4K in total as of 26 August 2026, within a range of $2K to $6K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEEL is a fraction of it. The estimate fits an Arps decline curve to the production PEEL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PEEL is an estimate of value, not an offer and not an appraisal.
- How much income does PEEL generate in a year?
- PEEL is forecast to net about $536 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PEEL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Excel Oil & Gas, Inc. |
|---|---|
| Field | Joplin, SW. (Strawn) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 182830 |
| Wellbores | 1 |
| Reported production | 185,961 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where PEEL 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.