HARRELL, J. G.

HARRELL, J. G. is a Texas gas lease in Stephens County, Railroad Commission district 7B, operated by Basa Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2006 to August 2026, totalling 354,995 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 $33K, with roughly $9K 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 432 thousand cubic feet a month. Its strongest month on the record we hold was December 2018, at 904 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 HARRELL, J. G.

Who operates HARRELL, J. G.?: HARRELL, J. G. is operated by Basa Resources, Inc., Railroad Commission of Texas operator number 053974.
Where is HARRELL, J. G.?: HARRELL, J. G. is a Texas gas lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 215853.
Is HARRELL, J. G. still producing?: HARRELL, J. G. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HARRELL, J. G. is August 2026.
How much has HARRELL, J. G. produced?: HARRELL, J. G. has reported 354,995 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2006 and August 2026, from 1 wellbore.
How much is HARRELL, J. G. worth?: The remaining production from HARRELL, J. G. is estimated to be worth about $33K in total as of 26 August 2026, within a range of $25K to $40K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARRELL, J. G. is a fraction of it. The estimate fits an Arps decline curve to the production HARRELL, J. G. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARRELL, J. G. is an estimate of value, not an offer and not an appraisal.
How much income does HARRELL, J. G. generate in a year?: HARRELL, J. G. is forecast to net about $9K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HARRELL, J. G. receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

HARRELL, J. G. as filed with the Railroad Commission of Texas
Operator	Basa Resources, Inc.
Field	Lakeside (Congl 3960)
County	Stephens County, Texas
RRC district	7B
Lease number	215853
Wellbores	1
Reported production	354,995 mcf
First reported	March 2006
Last reported	August 2026
Estimated royalty value	$33K

Where HARRELL, J. G. sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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.