FT. WORTH NATIONAL BANK GAS UNIT
FT. WORTH NATIONAL BANK GAS UNIT is a Texas gas lease in De Witt County, Railroad Commission district 02, operated by Parker & Parsley Development Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 3,655,819 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 $721K, with roughly $112K 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 4,772 thousand cubic feet a month. Its strongest month on the record we hold was July 2023, at 7,702 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 FT. WORTH NATIONAL BANK GAS UNIT
- Who operates FT. WORTH NATIONAL BANK GAS UNIT?
- FT. WORTH NATIONAL BANK GAS UNIT is operated by Parker & Parsley Development Co., Railroad Commission of Texas operator number 640889.
- Where is FT. WORTH NATIONAL BANK GAS UNIT?
- FT. WORTH NATIONAL BANK GAS UNIT is a Texas gas lease in De Witt County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 144645.
- Is FT. WORTH NATIONAL BANK GAS UNIT still producing?
- FT. WORTH NATIONAL BANK GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FT. WORTH NATIONAL BANK GAS UNIT is August 2026.
- How much has FT. WORTH NATIONAL BANK GAS UNIT produced?
- FT. WORTH NATIONAL BANK GAS UNIT has reported 3,655,819 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is FT. WORTH NATIONAL BANK GAS UNIT worth?
- The remaining production from FT. WORTH NATIONAL BANK GAS UNIT is estimated to be worth about $721K in total as of 26 August 2026, within a range of $599K to $844K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FT. WORTH NATIONAL BANK GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FT. WORTH NATIONAL BANK GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FT. WORTH NATIONAL BANK GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FT. WORTH NATIONAL BANK GAS UNIT generate in a year?
- FT. WORTH NATIONAL BANK GAS UNIT is forecast to net about $112K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FT. WORTH NATIONAL BANK GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parker & Parsley Development Co. |
|---|---|
| Field | Buchel (Edwards) |
| County | De Witt County, Texas |
| RRC district | 02 |
| Lease number | 144645 |
| Wellbores | 1 |
| Reported production | 3,655,819 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $721K |
Where FT. WORTH NATIONAL BANK GAS UNIT 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.