POWERS, BILL
POWERS, BILL is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Classic Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2003 to August 2026, totalling 1,196,797 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 $39K, with roughly $5K 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 196 thousand cubic feet a month. Its strongest month on the record we hold was April 2017, at 2,704 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 POWERS, BILL
- Who operates POWERS, BILL?
- POWERS, BILL is operated by Classic Oil & Gas, Inc., Railroad Commission of Texas operator number 158286.
- Where is POWERS, BILL?
- POWERS, BILL is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 196436.
- Is POWERS, BILL still producing?
- POWERS, BILL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POWERS, BILL is August 2026.
- How much has POWERS, BILL produced?
- POWERS, BILL has reported 1,196,797 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2003 and August 2026, from 1 wellbore.
- How much is POWERS, BILL worth?
- The remaining production from POWERS, BILL is estimated to be worth about $39K in total as of 27 August 2026, within a range of $30K to $47K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POWERS, BILL is a fraction of it. The estimate fits an Arps decline curve to the production POWERS, BILL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POWERS, BILL is an estimate of value, not an offer and not an appraisal.
- How much income does POWERS, BILL generate in a year?
- POWERS, BILL is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in POWERS, BILL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Classic Oil & Gas, Inc. |
|---|---|
| Field | Carthage, S. (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 196436 |
| Wellbores | 1 |
| Reported production | 1,196,797 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $39K |
Where POWERS, BILL 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.