FIELDS "13"
FIELDS "13" is a Texas gas lease in Midland County, Railroad Commission district 7C, operated by Terrace Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from September 2001 to August 2026, totalling 595,456 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 $731 expected over the next twelve months.
| Operator | Terrace Petroleum Corporation |
|---|---|
| Field | Pegasus (Devonian) |
| County | Midland County, Texas |
| RRC district | 7C |
| Lease number | 185774 |
| Wellbores | 1 |
| Reported production | 595,456 mcf |
| First reported | September 2001 |
| 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.