FRAZIER UNIT
FRAZIER UNIT is a Texas gas lease in Grimes County, Railroad Commission district 03, operated by Patterson Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1995 to August 2026, totalling 3,267,674 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 $23K, 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 334 thousand cubic feet a month. Its strongest month on the record we hold was August 2017, at 2,926 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 FRAZIER UNIT
- Who operates FRAZIER UNIT?
- FRAZIER UNIT is operated by Patterson Petroleum, Inc., Railroad Commission of Texas operator number 643392.
- Where is FRAZIER UNIT?
- FRAZIER UNIT is a Texas gas lease in Grimes County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 154128.
- Is FRAZIER UNIT still producing?
- FRAZIER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FRAZIER UNIT is August 2026.
- How much has FRAZIER UNIT produced?
- FRAZIER UNIT has reported 3,267,674 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1995 and August 2026, from 1 wellbore.
- How much is FRAZIER UNIT worth?
- The remaining production from FRAZIER UNIT is estimated to be worth about $23K in total as of 26 August 2026, within a range of $18K to $28K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRAZIER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FRAZIER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRAZIER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FRAZIER UNIT generate in a year?
- FRAZIER UNIT is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FRAZIER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Patterson Petroleum, Inc. |
|---|---|
| Field | Fuqua (Austin Chalk) |
| County | Grimes County, Texas |
| RRC district | 03 |
| Lease number | 154128 |
| Wellbores | 1 |
| Reported production | 3,267,674 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $23K |
Where FRAZIER 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.