PETTYJOHN, J.P.
PETTYJOHN, J.P. is a Texas gas lease in Parker County, Railroad Commission district 7B, operated by Mitchell Energy Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 175,882 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 $2K, with roughly $308 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 12 thousand cubic feet a month. Its strongest month on the record we hold was May 2017, at 460 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 PETTYJOHN, J.P.
- Who operates PETTYJOHN, J.P.?
- PETTYJOHN, J.P. is operated by Mitchell Energy Corporation, Railroad Commission of Texas operator number 570655.
- Where is PETTYJOHN, J.P.?
- PETTYJOHN, J.P. is a Texas gas lease in Parker County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 131320.
- Is PETTYJOHN, J.P. still producing?
- PETTYJOHN, J.P. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PETTYJOHN, J.P. is August 2026.
- How much has PETTYJOHN, J.P. produced?
- PETTYJOHN, J.P. has reported 175,882 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is PETTYJOHN, J.P. worth?
- The remaining production from PETTYJOHN, J.P. is estimated to be worth about $2K in total as of 26 August 2026, within a range of $1K to $4K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PETTYJOHN, J.P. is a fraction of it. The estimate fits an Arps decline curve to the production PETTYJOHN, J.P. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PETTYJOHN, J.P. is an estimate of value, not an offer and not an appraisal.
- How much income does PETTYJOHN, J.P. generate in a year?
- PETTYJOHN, J.P. is forecast to net about $308 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PETTYJOHN, J.P. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mitchell Energy Corporation |
|---|---|
| Field | Bethesda (Big Saline) |
| County | Parker County, Texas |
| RRC district | 7B |
| Lease number | 131320 |
| Wellbores | 1 |
| Reported production | 175,882 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2K |
Where PETTYJOHN, J.P. 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.