CASSITY-POWELL
CASSITY-POWELL is a Texas gas lease in Panola County, Railroad Commission district 06, operated by KJ Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2021 to August 2026, totalling 3,263,673 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 $663K, with roughly $158K 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 7,978 thousand cubic feet a month. Its strongest month on the record we hold was November 2021, at 396,711 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 CASSITY-POWELL
- Who operates CASSITY-POWELL?
- CASSITY-POWELL is operated by KJ Energy, LLC, Railroad Commission of Texas operator number 469901.
- Where is CASSITY-POWELL?
- CASSITY-POWELL is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 292366.
- Is CASSITY-POWELL still producing?
- CASSITY-POWELL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CASSITY-POWELL is August 2026.
- How much has CASSITY-POWELL produced?
- CASSITY-POWELL has reported 3,263,673 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2021 and August 2026, from 1 wellbore.
- How much is CASSITY-POWELL worth?
- The remaining production from CASSITY-POWELL is estimated to be worth about $663K in total as of 27 August 2026, within a range of $550K to $775K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CASSITY-POWELL is a fraction of it. The estimate fits an Arps decline curve to the production CASSITY-POWELL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CASSITY-POWELL is an estimate of value, not an offer and not an appraisal.
- How much income does CASSITY-POWELL generate in a year?
- CASSITY-POWELL is forecast to net about $158K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CASSITY-POWELL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | KJ Energy, LLC |
|---|---|
| Field | Brachfield, S.E. (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 292366 |
| Wellbores | 1 |
| Reported production | 3,263,673 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $663K |
Where CASSITY-POWELL 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.