PETERS ESTATE GAS UNIT "B"
PETERS ESTATE GAS UNIT "B" is a Texas gas lease in Duval County, Railroad Commission district 04, operated by Amoco Production Company. It has 1 wellbore on file with the Commission. Reported production runs from July 1994 to August 2026, totalling 11,396,130 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 $1.7M, with roughly $279K 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 11,974 thousand cubic feet a month. Its strongest month on the record we hold was May 2019, at 29,849 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 PETERS ESTATE GAS UNIT "B"
- Who operates PETERS ESTATE GAS UNIT "B"?
- PETERS ESTATE GAS UNIT "B" is operated by Amoco Production Company, Railroad Commission of Texas operator number 020425.
- Where is PETERS ESTATE GAS UNIT "B"?
- PETERS ESTATE GAS UNIT "B" is a Texas gas lease in Duval County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 151139.
- Is PETERS ESTATE GAS UNIT "B" still producing?
- PETERS ESTATE GAS UNIT "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PETERS ESTATE GAS UNIT "B" is August 2026.
- How much has PETERS ESTATE GAS UNIT "B" produced?
- PETERS ESTATE GAS UNIT "B" has reported 11,396,130 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 1994 and August 2026, from 1 wellbore.
- How much is PETERS ESTATE GAS UNIT "B" worth?
- The remaining production from PETERS ESTATE GAS UNIT "B" is estimated to be worth about $1.7M in total as of 27 August 2026, within a range of $1.4M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PETERS ESTATE GAS UNIT "B" is a fraction of it. The estimate fits an Arps decline curve to the production PETERS ESTATE GAS UNIT "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PETERS ESTATE GAS UNIT "B" is an estimate of value, not an offer and not an appraisal.
- How much income does PETERS ESTATE GAS UNIT "B" generate in a year?
- PETERS ESTATE GAS UNIT "B" is forecast to net about $279K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PETERS ESTATE GAS UNIT "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Amoco Production Company |
|---|---|
| Field | Muy Grande (Fandango) |
| County | Duval County, Texas |
| RRC district | 04 |
| Lease number | 151139 |
| Wellbores | 1 |
| Reported production | 11,396,130 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where PETERS ESTATE GAS UNIT "B" 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.