PEEK-CRABTREE 12 (AW)
PEEK-CRABTREE 12 (AW) is a Texas gas lease in Wise County, Railroad Commission district 09, operated by BKV Barnett, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2023 to August 2026, totalling 2,043,097 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 $3.9M, with roughly $745K 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 35,992 thousand cubic feet a month. Its strongest month on the record we hold was March 2023, at 134,812 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 PEEK-CRABTREE 12 (AW)
- Who operates PEEK-CRABTREE 12 (AW)?
- PEEK-CRABTREE 12 (AW) is operated by BKV Barnett, LLC, Railroad Commission of Texas operator number 072504.
- Where is PEEK-CRABTREE 12 (AW)?
- PEEK-CRABTREE 12 (AW) is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 294624.
- Is PEEK-CRABTREE 12 (AW) still producing?
- PEEK-CRABTREE 12 (AW) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEEK-CRABTREE 12 (AW) is August 2026.
- How much has PEEK-CRABTREE 12 (AW) produced?
- PEEK-CRABTREE 12 (AW) has reported 2,043,097 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2023 and August 2026, from 1 wellbore.
- How much is PEEK-CRABTREE 12 (AW) worth?
- The remaining production from PEEK-CRABTREE 12 (AW) is estimated to be worth about $3.9M in total as of 26 August 2026, within a range of $3.2M to $4.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEEK-CRABTREE 12 (AW) is a fraction of it. The estimate fits an Arps decline curve to the production PEEK-CRABTREE 12 (AW) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PEEK-CRABTREE 12 (AW) is an estimate of value, not an offer and not an appraisal.
- How much income does PEEK-CRABTREE 12 (AW) generate in a year?
- PEEK-CRABTREE 12 (AW) is forecast to net about $745K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PEEK-CRABTREE 12 (AW) receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BKV Barnett, LLC |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 294624 |
| Wellbores | 1 |
| Reported production | 2,043,097 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.9M |
Where PEEK-CRABTREE 12 (AW) 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.