GRAY UNIT
GRAY UNIT is a Texas gas lease in Montague County, Railroad Commission district 09, operated by Pioneer Natural Res. Usa, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2013 to August 2026, totalling 819,497 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 $28, with roughly $29 expected over the next twelve months.
| Operator | Pioneer Natural Res. Usa, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 273303 |
| Wellbores | 1 |
| Reported production | 819,497 mcf |
| First reported | November 2013 |
| Last reported | August 2026 |
| Estimated royalty value | $28 |
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.