PAYTON, J. O.
PAYTON, J. O. is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Devon Energy Operating Co., L.P. It has 1 wellbore on file with the Commission. Reported production runs from February 2002 to August 2026, totalling 778,656 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 $391, with roughly $49 expected over the next twelve months.
| Operator | Devon Energy Operating Co., L.P. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 192969 |
| Wellbores | 1 |
| Reported production | 778,656 mcf |
| First reported | February 2002 |
| Last reported | August 2026 |
| Estimated royalty value | $391 |
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.