PAT FEE 4
PAT FEE 4 is a Texas gas lease in Culberson County, Railroad Commission district 08, operated by Capitan Energy, Incorporated. It has 1 wellbore on file with the Commission. Reported production runs from August 2015 to August 2026, totalling 3,479,032 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 $2.3M, with roughly $632K 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 11,058 thousand cubic feet a month. Its strongest month on the record we hold was December 2016, at 60,947 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 PAT FEE 4
- Who operates PAT FEE 4?
- PAT FEE 4 is operated by Capitan Energy, Incorporated, Railroad Commission of Texas operator number 130061.
- Where is PAT FEE 4?
- PAT FEE 4 is a Texas gas lease in Culberson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 278966.
- Is PAT FEE 4 still producing?
- PAT FEE 4 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PAT FEE 4 is August 2026.
- How much has PAT FEE 4 produced?
- PAT FEE 4 has reported 3,479,032 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2015 and August 2026, from 1 wellbore.
- How much is PAT FEE 4 worth?
- The remaining production from PAT FEE 4 is estimated to be worth about $2.3M in total as of 26 August 2026, within a range of $1.9M to $2.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PAT FEE 4 is a fraction of it. The estimate fits an Arps decline curve to the production PAT FEE 4 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PAT FEE 4 is an estimate of value, not an offer and not an appraisal.
- How much income does PAT FEE 4 generate in a year?
- PAT FEE 4 is forecast to net about $632K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PAT FEE 4 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Capitan Energy, Incorporated |
|---|---|
| Field | Ford, West (Wolfcamp) |
| County | Culberson County, Texas |
| RRC district | 08 |
| Lease number | 278966 |
| Wellbores | 1 |
| Reported production | 3,479,032 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.3M |
Where PAT FEE 4 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.