BLEAKLEY, P.J. UNIT
BLEAKLEY, P.J. UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Seagull Energy E&P Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 1998 to August 2026, totalling 1,177,286 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 $173K, with roughly $26K 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 1,345 thousand cubic feet a month. Its strongest month on the record we hold was November 2019, at 3,715 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 BLEAKLEY, P.J. UNIT
- Who operates BLEAKLEY, P.J. UNIT?
- BLEAKLEY, P.J. UNIT is operated by Seagull Energy E&P Inc., Railroad Commission of Texas operator number 761701.
- Where is BLEAKLEY, P.J. UNIT?
- BLEAKLEY, P.J. UNIT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 170425.
- Is BLEAKLEY, P.J. UNIT still producing?
- BLEAKLEY, P.J. UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BLEAKLEY, P.J. UNIT is August 2026.
- How much has BLEAKLEY, P.J. UNIT produced?
- BLEAKLEY, P.J. UNIT has reported 1,177,286 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 1998 and August 2026, from 1 wellbore.
- How much is BLEAKLEY, P.J. UNIT worth?
- The remaining production from BLEAKLEY, P.J. UNIT is estimated to be worth about $173K in total as of 27 August 2026, within a range of $144K to $203K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BLEAKLEY, P.J. UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BLEAKLEY, P.J. UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BLEAKLEY, P.J. UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BLEAKLEY, P.J. UNIT generate in a year?
- BLEAKLEY, P.J. UNIT is forecast to net about $26K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BLEAKLEY, P.J. UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Seagull Energy E&P Inc. |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 170425 |
| Wellbores | 1 |
| Reported production | 1,177,286 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $173K |
Where BLEAKLEY, P.J. 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.