BOX
BOX is a Texas oil lease in Panola County, Railroad Commission district 06, operated by Phillips, Jack L. Co. It has 1 wellbore on file with the Commission. Reported production runs from October 2005 to August 2026, totalling 17,015 barrels. 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 $423K, with roughly $63K 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 34 barrels a month. Its strongest month on the record we hold was September 2017, at 92 barrels. 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 BOX
- Who operates BOX?
- BOX is operated by Phillips, Jack L. Co., Railroad Commission of Texas operator number 663109.
- Where is BOX?
- BOX is a Texas oil lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 14454.
- Is BOX still producing?
- BOX is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BOX is August 2026.
- How much has BOX produced?
- BOX has reported 17,015 barrels of oil (bbl) to the Railroad Commission of Texas between October 2005 and August 2026, from 1 wellbore.
- How much is BOX worth?
- The remaining production from BOX is estimated to be worth about $423K in total as of 26 August 2026, within a range of $233K to $613K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BOX is a fraction of it. The estimate fits an Arps decline curve to the production BOX has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BOX is an estimate of value, not an offer and not an appraisal.
- How much income does BOX generate in a year?
- BOX is forecast to net about $63K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BOX receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips, Jack L. Co. |
|---|---|
| Field | J. G. S. (Pettit, Lower) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 14454 |
| Wellbores | 1 |
| Reported production | 17,015 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $423K |
Where BOX 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.