PROVIDENT CITY G.U.
PROVIDENT CITY G.U. is a Texas gas lease in Lavaca County, Railroad Commission district 02, operated by Newfield Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2007 to August 2026, totalling 322,598 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 $22K, with roughly $3K 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 122 thousand cubic feet a month. Its strongest month on the record we hold was January 2017, at 1,696 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 PROVIDENT CITY G.U.
- Who operates PROVIDENT CITY G.U.?
- PROVIDENT CITY G.U. is operated by Newfield Exploration Company, Railroad Commission of Texas operator number 606617.
- Where is PROVIDENT CITY G.U.?
- PROVIDENT CITY G.U. is a Texas gas lease in Lavaca County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 231135.
- Is PROVIDENT CITY G.U. still producing?
- PROVIDENT CITY G.U. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PROVIDENT CITY G.U. is August 2026.
- How much has PROVIDENT CITY G.U. produced?
- PROVIDENT CITY G.U. has reported 322,598 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2007 and August 2026, from 1 wellbore.
- How much is PROVIDENT CITY G.U. worth?
- The remaining production from PROVIDENT CITY G.U. is estimated to be worth about $22K in total as of 27 August 2026, within a range of $17K to $26K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PROVIDENT CITY G.U. is a fraction of it. The estimate fits an Arps decline curve to the production PROVIDENT CITY G.U. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PROVIDENT CITY G.U. is an estimate of value, not an offer and not an appraisal.
- How much income does PROVIDENT CITY G.U. generate in a year?
- PROVIDENT CITY G.U. is forecast to net about $3K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PROVIDENT CITY G.U. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Newfield Exploration Company |
|---|---|
| Field | Provident City Ne (LWR WX. Cons) |
| County | Lavaca County, Texas |
| RRC district | 02 |
| Lease number | 231135 |
| Wellbores | 1 |
| Reported production | 322,598 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $22K |
Where PROVIDENT CITY G.U. 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.