Matthew J. Lee/The Boston Globe via Getty Images

Bob Seger has revealed that he's amassed dozens of songs as he continues to put together material for his upcoming studio album. Speaking recently with Billboard, the Michigan rocker admits, "I've got five [tunes] that I really, really like, and then I'm sifting through the other 70 that I've got in the can."

Back in December, Seger told ABC News Radio that he hoped to have the new collection ready by September, but he now says he's not sure when he'll be ready to release the as-yet-untitled effort.

"I could actually put [an album] out for this fall right now if I wanted to, but I'm just going to write a little more before I make a final decision," he informs Billboard.

Seger says he's thinking about calling the album either Wonderland or Ride Out, which are the names of songs under consideration for the record. Among the other tunes that may make the cut are a ballad titled "You Take Me" and a song called "The Price" that he sings as a duet with country star Trisha Yearwood. In addition, he's mulling over including a couple of songs he recorded in concert with his Silver Bullet Band in 2006 -- a rendition of Little Feat's "Fat Man in the Bathtub" and a version of his own composition "Sometimes."

"They're just firecrackers, pure rage," he says of the live performances. "There's mistakes in them, but I don't give a s***. They've just got this thing that is so powerful."

Seger tells Billboard that's he also is planning to take his Silver Bullet Band back out on tour for a couple of weeks in November. He reports that he and the group may either hit cities on the West Coast that they didn't visit during their 2011-2012 outing or they may travel to Australia.

"The promoters are kind of bidding against each other, and whoever comes up with the best deal is going to get it," he explains. "Or, if we get greedy, we'll do both."

Meanwhile, Seger is in New York City this week, where on Thursday night he's being inducted into the Songwriters Hall of Fame. Among the event's other honorees are Canadian folk rocker Gordon Lightfoot and longtime Meat Loaf collaborator Jim Steinman.