PANNELL
PANNELL is a Texas gas lease in Johnson County, Railroad Commission district 09, operated by Reichmann Petroleum Corp. It has 1 wellbore on file with the Commission. Reported production runs from July 2006 to August 2026, totalling 872,883 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 $307K, with roughly $50K 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 2,123 thousand cubic feet a month. Its strongest month on the record we hold was November 2017, at 4,163 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 PANNELL
- Who operates PANNELL?
- PANNELL is operated by Reichmann Petroleum Corp., Railroad Commission of Texas operator number 699704.
- Where is PANNELL?
- PANNELL is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 237788.
- Is PANNELL still producing?
- PANNELL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PANNELL is August 2026.
- How much has PANNELL produced?
- PANNELL has reported 872,883 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2006 and August 2026, from 1 wellbore.
- How much is PANNELL worth?
- The remaining production from PANNELL is estimated to be worth about $307K in total as of 26 August 2026, within a range of $255K to $359K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PANNELL is a fraction of it. The estimate fits an Arps decline curve to the production PANNELL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PANNELL is an estimate of value, not an offer and not an appraisal.
- How much income does PANNELL generate in a year?
- PANNELL is forecast to net about $50K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PANNELL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Reichmann Petroleum Corp. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Johnson County, Texas |
| RRC district | 09 |
| Lease number | 237788 |
| Wellbores | 1 |
| Reported production | 872,883 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $307K |
Where PANNELL 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.