PETERS A 724
PETERS A 724 is a Texas gas lease in Duval County, Railroad Commission district 04, operated by Sanchez Oil & Gas Corporation. It has 1 wellbore on file with the Commission. Reported production runs from December 2007 to August 2026, totalling 1,186,925 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 $1K, with roughly $138 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 5 thousand cubic feet a month. Its strongest month on the record we hold was October 2018, at 589 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 PETERS A 724
- Who operates PETERS A 724?
- PETERS A 724 is operated by Sanchez Oil & Gas Corporation, Railroad Commission of Texas operator number 747012.
- Where is PETERS A 724?
- PETERS A 724 is a Texas gas lease in Duval County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 233190.
- Is PETERS A 724 still producing?
- PETERS A 724 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PETERS A 724 is August 2026.
- How much has PETERS A 724 produced?
- PETERS A 724 has reported 1,186,925 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2007 and August 2026, from 1 wellbore.
- How much is PETERS A 724 worth?
- The remaining production from PETERS A 724 is estimated to be worth about $1K in total as of 27 August 2026, within a range of $0 to $2K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PETERS A 724 is a fraction of it. The estimate fits an Arps decline curve to the production PETERS A 724 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PETERS A 724 is an estimate of value, not an offer and not an appraisal.
- How much income does PETERS A 724 generate in a year?
- PETERS A 724 is forecast to net about $138 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PETERS A 724 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sanchez Oil & Gas Corporation |
|---|---|
| Field | West Tiger (Wilcox Cons.) |
| County | Duval County, Texas |
| RRC district | 04 |
| Lease number | 233190 |
| Wellbores | 1 |
| Reported production | 1,186,925 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1K |
Where PETERS A 724 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.