PENNINGTON, HENRY
PENNINGTON, HENRY is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from July 2006 to August 2026, totalling 4,633,561 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 $1.2M, with roughly $226K 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 10,248 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 33,630 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 PENNINGTON, HENRY
- Who operates PENNINGTON, HENRY?
- PENNINGTON, HENRY is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is PENNINGTON, HENRY?
- PENNINGTON, HENRY is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 223999.
- Is PENNINGTON, HENRY still producing?
- PENNINGTON, HENRY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PENNINGTON, HENRY is August 2026.
- How much has PENNINGTON, HENRY produced?
- PENNINGTON, HENRY has reported 4,633,561 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2006 and August 2026, from 1 wellbore.
- How much is PENNINGTON, HENRY worth?
- The remaining production from PENNINGTON, HENRY is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $950K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PENNINGTON, HENRY is a fraction of it. The estimate fits an Arps decline curve to the production PENNINGTON, HENRY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PENNINGTON, HENRY is an estimate of value, not an offer and not an appraisal.
- How much income does PENNINGTON, HENRY generate in a year?
- PENNINGTON, HENRY is forecast to net about $226K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PENNINGTON, HENRY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 223999 |
| Wellbores | 1 |
| Reported production | 4,633,561 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where PENNINGTON, HENRY 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.