MCDANIEL, J.A.
MCDANIEL, J.A. is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Rme Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2001 to August 2026, totalling 1,228,388 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 $31K, with roughly $12K 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 1,141 thousand cubic feet a month. Its strongest month on the record we hold was February 2018, at 4,913 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 MCDANIEL, J.A.
- Who operates MCDANIEL, J.A.?
- MCDANIEL, J.A. is operated by Rme Petroleum Company, Railroad Commission of Texas operator number 714229.
- Where is MCDANIEL, J.A.?
- MCDANIEL, J.A. is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 187416.
- Is MCDANIEL, J.A. still producing?
- MCDANIEL, J.A. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCDANIEL, J.A. is August 2026.
- How much has MCDANIEL, J.A. produced?
- MCDANIEL, J.A. has reported 1,228,388 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2001 and August 2026, from 1 wellbore.
- How much is MCDANIEL, J.A. worth?
- The remaining production from MCDANIEL, J.A. is estimated to be worth about $31K in total as of 26 August 2026, within a range of $25K to $36K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCDANIEL, J.A. is a fraction of it. The estimate fits an Arps decline curve to the production MCDANIEL, J.A. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCDANIEL, J.A. is an estimate of value, not an offer and not an appraisal.
- How much income does MCDANIEL, J.A. generate in a year?
- MCDANIEL, J.A. is forecast to net about $12K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCDANIEL, J.A. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rme Petroleum Company |
|---|---|
| Field | Carthage (Pettit, Lower Gas) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 187416 |
| Wellbores | 1 |
| Reported production | 1,228,388 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $31K |
Where MCDANIEL, J.A. 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.