BELL
BELL is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Tanos Exploration, LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2008 to August 2026, totalling 1,396,577 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 $473K, with roughly $79K 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 2,805 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 4,910 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 BELL
- Who operates BELL?
- BELL is operated by Tanos Exploration, LLC, Railroad Commission of Texas operator number 835977.
- Where is BELL?
- BELL is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 247365.
- Is BELL still producing?
- BELL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BELL is August 2026.
- How much has BELL produced?
- BELL has reported 1,396,577 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2008 and August 2026, from 1 wellbore.
- How much is BELL worth?
- The remaining production from BELL is estimated to be worth about $473K in total as of 26 August 2026, within a range of $392K to $553K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BELL is a fraction of it. The estimate fits an Arps decline curve to the production BELL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BELL is an estimate of value, not an offer and not an appraisal.
- How much income does BELL generate in a year?
- BELL is forecast to net about $79K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BELL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Tanos Exploration, LLC |
|---|---|
| Field | Beckville, North (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 247365 |
| Wellbores | 1 |
| Reported production | 1,396,577 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $473K |
Where BELL 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.