PRESTON HEIRS UNIT
PRESTON HEIRS UNIT is a Texas gas lease in Angelina County, Railroad Commission district 06, operated by Encana Oil & Gas(Usa) Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2007 to August 2026, totalling 867,663 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 $3K, with roughly $493 expected over the next twelve months.
| Operator | Encana Oil & Gas(Usa) Inc. |
|---|---|
| Field | Raintree (Hosston) |
| County | Angelina County, Texas |
| RRC district | 06 |
| Lease number | 232065 |
| Wellbores | 1 |
| Reported production | 867,663 mcf |
| First reported | September 2007 |
| Last reported | August 2026 |
| Estimated royalty value | $3K |
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.