PATTERSON
PATTERSON is a Texas gas lease in Parker County, Railroad Commission district 7B, operated by Xplore Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from July 2016 to August 2026, totalling 56,193 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 $42K, with roughly $6K 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 333 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 1,337 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 PATTERSON
- Who operates PATTERSON?
- PATTERSON is operated by Xplore Operating, LLC, Railroad Commission of Texas operator number 946023.
- Where is PATTERSON?
- PATTERSON is a Texas gas lease in Parker County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 281058.
- Is PATTERSON still producing?
- PATTERSON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PATTERSON is August 2026.
- How much has PATTERSON produced?
- PATTERSON has reported 56,193 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2016 and August 2026, from 1 wellbore.
- How much is PATTERSON worth?
- The remaining production from PATTERSON is estimated to be worth about $42K in total as of 26 August 2026, within a range of $32K to $51K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PATTERSON is a fraction of it. The estimate fits an Arps decline curve to the production PATTERSON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PATTERSON is an estimate of value, not an offer and not an appraisal.
- How much income does PATTERSON generate in a year?
- PATTERSON is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PATTERSON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xplore Operating, LLC |
|---|---|
| Field | Bethesda (Caddo) |
| County | Parker County, Texas |
| RRC district | 7B |
| Lease number | 281058 |
| Wellbores | 1 |
| Reported production | 56,193 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $42K |
Where PATTERSON 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.