PRATT GAS UNIT NO. 1
PRATT GAS UNIT NO. 1 is a Texas gas lease in Limestone County, Railroad Commission district 05, operated by Herd Producing Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 2,397,225 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 $11K, with roughly $1K 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 49 thousand cubic feet a month. Its strongest month on the record we hold was December 2020, at 3,585 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 PRATT GAS UNIT NO. 1
- Who operates PRATT GAS UNIT NO. 1?
- PRATT GAS UNIT NO. 1 is operated by Herd Producing Company, Inc., Railroad Commission of Texas operator number 379750.
- Where is PRATT GAS UNIT NO. 1?
- PRATT GAS UNIT NO. 1 is a Texas gas lease in Limestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 121923.
- Is PRATT GAS UNIT NO. 1 still producing?
- PRATT GAS UNIT NO. 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRATT GAS UNIT NO. 1 is August 2026.
- How much has PRATT GAS UNIT NO. 1 produced?
- PRATT GAS UNIT NO. 1 has reported 2,397,225 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is PRATT GAS UNIT NO. 1 worth?
- The remaining production from PRATT GAS UNIT NO. 1 is estimated to be worth about $11K in total as of 27 August 2026, within a range of $6K to $15K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRATT GAS UNIT NO. 1 is a fraction of it. The estimate fits an Arps decline curve to the production PRATT GAS UNIT NO. 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRATT GAS UNIT NO. 1 is an estimate of value, not an offer and not an appraisal.
- How much income does PRATT GAS UNIT NO. 1 generate in a year?
- PRATT GAS UNIT NO. 1 is forecast to net about $1K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PRATT GAS UNIT NO. 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Herd Producing Company, Inc. |
|---|---|
| Field | Farrar (Travis Peak) |
| County | Limestone County, Texas |
| RRC district | 05 |
| Lease number | 121923 |
| Wellbores | 1 |
| Reported production | 2,397,225 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $11K |
Where PRATT GAS UNIT NO. 1 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.