HILLIN, JOE BAILEY
HILLIN, JOE BAILEY is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Goodrich Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from December 2008 to August 2026, totalling 1,861,202 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 $791K, with roughly $120K 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 5,552 thousand cubic feet a month. Its strongest month on the record we hold was April 2024, at 8,334 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 HILLIN, JOE BAILEY
- Who operates HILLIN, JOE BAILEY?
- HILLIN, JOE BAILEY is operated by Goodrich Petroleum Company, Railroad Commission of Texas operator number 314909.
- Where is HILLIN, JOE BAILEY?
- HILLIN, JOE BAILEY is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 250120.
- Is HILLIN, JOE BAILEY still producing?
- HILLIN, JOE BAILEY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HILLIN, JOE BAILEY is August 2026.
- How much has HILLIN, JOE BAILEY produced?
- HILLIN, JOE BAILEY has reported 1,861,202 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2008 and August 2026, from 1 wellbore.
- How much is HILLIN, JOE BAILEY worth?
- The remaining production from HILLIN, JOE BAILEY is estimated to be worth about $791K in total as of 27 August 2026, within a range of $657K to $926K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HILLIN, JOE BAILEY is a fraction of it. The estimate fits an Arps decline curve to the production HILLIN, JOE BAILEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HILLIN, JOE BAILEY is an estimate of value, not an offer and not an appraisal.
- How much income does HILLIN, JOE BAILEY generate in a year?
- HILLIN, JOE BAILEY is forecast to net about $120K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HILLIN, JOE BAILEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Goodrich Petroleum Company |
|---|---|
| Field | Beckville (Haynesville) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 250120 |
| Wellbores | 1 |
| Reported production | 1,861,202 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $791K |
Where HILLIN, JOE BAILEY 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.