PAGE, L.E.
PAGE, L.E. is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from December 2008 to August 2026, totalling 533,508 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 $257K, with roughly $42K 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 1,498 thousand cubic feet a month. Its strongest month on the record we hold was September 2024, at 3,070 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 PAGE, L.E.
- Who operates PAGE, L.E.?
- PAGE, L.E. is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is PAGE, L.E.?
- PAGE, L.E. is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 245813.
- Is PAGE, L.E. still producing?
- PAGE, L.E. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PAGE, L.E. is August 2026.
- How much has PAGE, L.E. produced?
- PAGE, L.E. has reported 533,508 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2008 and August 2026, from 1 wellbore.
- How much is PAGE, L.E. worth?
- The remaining production from PAGE, L.E. is estimated to be worth about $257K in total as of 26 August 2026, within a range of $213K to $300K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PAGE, L.E. is a fraction of it. The estimate fits an Arps decline curve to the production PAGE, L.E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PAGE, L.E. is an estimate of value, not an offer and not an appraisal.
- How much income does PAGE, L.E. generate in a year?
- PAGE, L.E. is forecast to net about $42K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PAGE, L.E. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 245813 |
| Wellbores | 1 |
| Reported production | 533,508 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $257K |
Where PAGE, L.E. 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.