GARVEL 01
GARVEL 01 is a Texas gas lease in De Witt County, Railroad Commission district 02, operated by Pioneer Natural Res. Usa, Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2015 to August 2026, totalling 1,546,393 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 a standard royalty share at about $2K, with roughly $2K expected over the next twelve months.
| Operator | Pioneer Natural Res. Usa, Inc. |
|---|---|
| Field | De Witt (Eagle Ford Shale) |
| County | De Witt County, Texas |
| RRC district | 02 |
| Lease number | 280293 |
| Wellbores | 1 |
| Reported production | 1,546,393 mcf |
| First reported | June 2015 |
| Last reported | August 2026 |
| Estimated royalty value | $2K |
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.