SEALEY, BILLY JACK

SEALEY, BILLY JACK 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 April 2008 to August 2026, totalling 1,501,844 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 $553K, with roughly $84K 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 3,803 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 6,261 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 SEALEY, BILLY JACK

Who operates SEALEY, BILLY JACK?
SEALEY, BILLY JACK is operated by Goodrich Petroleum Company, Railroad Commission of Texas operator number 314909.
Where is SEALEY, BILLY JACK?
SEALEY, BILLY JACK is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 235853.
Is SEALEY, BILLY JACK still producing?
SEALEY, BILLY JACK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SEALEY, BILLY JACK is August 2026.
How much has SEALEY, BILLY JACK produced?
SEALEY, BILLY JACK has reported 1,501,844 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2008 and August 2026, from 1 wellbore.
How much is SEALEY, BILLY JACK worth?
The remaining production from SEALEY, BILLY JACK is estimated to be worth about $553K in total as of 27 August 2026, within a range of $459K to $647K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SEALEY, BILLY JACK is a fraction of it. The estimate fits an Arps decline curve to the production SEALEY, BILLY JACK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SEALEY, BILLY JACK is an estimate of value, not an offer and not an appraisal.
How much income does SEALEY, BILLY JACK generate in a year?
SEALEY, BILLY JACK is forecast to net about $84K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SEALEY, BILLY JACK receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SEALEY, BILLY JACK as filed with the Railroad Commission of Texas
OperatorGoodrich Petroleum Company
FieldBeckville (Cotton Valley)
CountyPanola County, Texas
RRC district06
Lease number235853
Wellbores1
Reported production1,501,844 mcf
First reported
Last reported
Estimated royalty value$553K

Where SEALEY, BILLY JACK 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.