SMITH, PEGGY GAS UNIT "A"
SMITH, PEGGY GAS UNIT "A" 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 November 2002 to August 2026, totalling 999,382 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 $219K, with roughly $58K 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 4,196 thousand cubic feet a month. Its strongest month on the record we hold was April 2025, at 6,841 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 SMITH, PEGGY GAS UNIT "A"
- Who operates SMITH, PEGGY GAS UNIT "A"?
- SMITH, PEGGY GAS UNIT "A" is operated by Devon Energy Operating Co., L.P., Railroad Commission of Texas operator number 216730.
- Where is SMITH, PEGGY GAS UNIT "A"?
- SMITH, PEGGY GAS UNIT "A" is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 194754.
- Is SMITH, PEGGY GAS UNIT "A" still producing?
- SMITH, PEGGY GAS UNIT "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SMITH, PEGGY GAS UNIT "A" is August 2026.
- How much has SMITH, PEGGY GAS UNIT "A" produced?
- SMITH, PEGGY GAS UNIT "A" has reported 999,382 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2002 and August 2026, from 1 wellbore.
- How much is SMITH, PEGGY GAS UNIT "A" worth?
- The remaining production from SMITH, PEGGY GAS UNIT "A" is estimated to be worth about $219K in total as of 26 August 2026, within a range of $181K to $256K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMITH, PEGGY GAS UNIT "A" is a fraction of it. The estimate fits an Arps decline curve to the production SMITH, PEGGY GAS UNIT "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SMITH, PEGGY GAS UNIT "A" is an estimate of value, not an offer and not an appraisal.
- How much income does SMITH, PEGGY GAS UNIT "A" generate in a year?
- SMITH, PEGGY GAS UNIT "A" is forecast to net about $58K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SMITH, PEGGY GAS UNIT "A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Operating Co., L.P. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 194754 |
| Wellbores | 1 |
| Reported production | 999,382 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $219K |
Where SMITH, PEGGY GAS UNIT "A" 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.