GLADEWATER-JETER
GLADEWATER-JETER is a Texas gas lease in Gregg County, Railroad Commission district 06, operated by Petralis Energy Resources, LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2023 to August 2026, totalling 1,832,035 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 $4.8M, with roughly $1.0M 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 36,033 thousand cubic feet a month. Its strongest month on the record we hold was January 2024, at 186,058 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 GLADEWATER-JETER
- Who operates GLADEWATER-JETER?
- GLADEWATER-JETER is operated by Petralis Energy Resources, LLC, Railroad Commission of Texas operator number 659844.
- Where is GLADEWATER-JETER?
- GLADEWATER-JETER is a Texas gas lease in Gregg County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 297333.
- Is GLADEWATER-JETER still producing?
- GLADEWATER-JETER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GLADEWATER-JETER is August 2026.
- How much has GLADEWATER-JETER produced?
- GLADEWATER-JETER has reported 1,832,035 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2023 and August 2026, from 1 wellbore.
- How much is GLADEWATER-JETER worth?
- The remaining production from GLADEWATER-JETER is estimated to be worth about $4.8M in total as of 27 August 2026, within a range of $3.9M to $5.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GLADEWATER-JETER is a fraction of it. The estimate fits an Arps decline curve to the production GLADEWATER-JETER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GLADEWATER-JETER is an estimate of value, not an offer and not an appraisal.
- How much income does GLADEWATER-JETER generate in a year?
- GLADEWATER-JETER is forecast to net about $1.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GLADEWATER-JETER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Petralis Energy Resources, LLC |
|---|---|
| Field | Glenwood (Cotton Valley) |
| County | Gregg County, Texas |
| RRC district | 06 |
| Lease number | 297333 |
| Wellbores | 1 |
| Reported production | 1,832,035 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.8M |
Where GLADEWATER-JETER 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.