STEELE, CORRIE
STEELE, CORRIE 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 August 2007 to August 2026, totalling 995,075 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 $141K, with roughly $38K 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 1,786 thousand cubic feet a month. Its strongest month on the record we hold was September 2020, at 4,349 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 STEELE, CORRIE
- Who operates STEELE, CORRIE?
- STEELE, CORRIE is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is STEELE, CORRIE?
- STEELE, CORRIE is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 232596.
- Is STEELE, CORRIE still producing?
- STEELE, CORRIE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STEELE, CORRIE is August 2026.
- How much has STEELE, CORRIE produced?
- STEELE, CORRIE has reported 995,075 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2007 and August 2026, from 1 wellbore.
- How much is STEELE, CORRIE worth?
- The remaining production from STEELE, CORRIE is estimated to be worth about $141K in total as of 26 August 2026, within a range of $117K to $165K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STEELE, CORRIE is a fraction of it. The estimate fits an Arps decline curve to the production STEELE, CORRIE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STEELE, CORRIE is an estimate of value, not an offer and not an appraisal.
- How much income does STEELE, CORRIE generate in a year?
- STEELE, CORRIE is forecast to net about $38K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STEELE, CORRIE 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 | Bethany, East (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 232596 |
| Wellbores | 1 |
| Reported production | 995,075 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $141K |
Where STEELE, CORRIE 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.