SHARP, BELLE
SHARP, BELLE is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Texas American Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2007 to August 2026, totalling 602,161 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 $153K, with roughly $34K 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 1,339 thousand cubic feet a month. Its strongest month on the record we hold was June 2018, at 2,525 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 SHARP, BELLE
- Who operates SHARP, BELLE?
- SHARP, BELLE is operated by Texas American Resources Company, Railroad Commission of Texas operator number 844344.
- Where is SHARP, BELLE?
- SHARP, BELLE is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 230413.
- Is SHARP, BELLE still producing?
- SHARP, BELLE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SHARP, BELLE is August 2026.
- How much has SHARP, BELLE produced?
- SHARP, BELLE has reported 602,161 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2007 and August 2026, from 1 wellbore.
- How much is SHARP, BELLE worth?
- The remaining production from SHARP, BELLE is estimated to be worth about $153K in total as of 27 August 2026, within a range of $127K to $179K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SHARP, BELLE is a fraction of it. The estimate fits an Arps decline curve to the production SHARP, BELLE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SHARP, BELLE is an estimate of value, not an offer and not an appraisal.
- How much income does SHARP, BELLE generate in a year?
- SHARP, BELLE is forecast to net about $34K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SHARP, BELLE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texas American Resources Company |
|---|---|
| Field | Beckville (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 230413 |
| Wellbores | 1 |
| Reported production | 602,161 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $153K |
Where SHARP, BELLE 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.