MCRAE, BLANCHE
MCRAE, BLANCHE 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 December 1997 to August 2026, totalling 494,729 thousand cubic feet. The lease is shut in. 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 $2K, with roughly $334 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 17 thousand cubic feet a month. Its strongest month on the record we hold was April 2020, at 214 thousand cubic feet.
Key facts about MCRAE, BLANCHE
- Who operates MCRAE, BLANCHE?
- MCRAE, BLANCHE is operated by Seagull Energy E&P Inc., Railroad Commission of Texas operator number 761701.
- Where is MCRAE, BLANCHE?
- MCRAE, BLANCHE is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 168478.
- Is MCRAE, BLANCHE still producing?
- MCRAE, BLANCHE is shut in. The most recent month of production reported to the Railroad Commission of Texas for MCRAE, BLANCHE is August 2026.
- How much has MCRAE, BLANCHE produced?
- MCRAE, BLANCHE has reported 494,729 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 1997 and August 2026, from 1 wellbore.
- How much is MCRAE, BLANCHE worth?
- The remaining production from MCRAE, BLANCHE is estimated to be worth about $2K in total as of 27 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCRAE, BLANCHE is a fraction of it. The estimate fits an Arps decline curve to the production MCRAE, BLANCHE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCRAE, BLANCHE is an estimate of value, not an offer and not an appraisal.
- How much income does MCRAE, BLANCHE generate in a year?
- MCRAE, BLANCHE is forecast to net about $334 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCRAE, BLANCHE 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 | 168478 |
| Wellbores | 1 |
| Reported production | 494,729 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2K |
Where MCRAE, BLANCHE 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.