DURRETT
DURRETT is a Texas gas lease in Foard County, Railroad Commission district 09, operated by Palmer Petroleum Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2005 to August 2026, totalling 53,438 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 $6K, with roughly $778 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 22 thousand cubic feet a month. Its strongest month on the record we hold was February 2025, at 74 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 DURRETT
- Who operates DURRETT?
- DURRETT is operated by Palmer Petroleum Inc., Railroad Commission of Texas operator number 636222.
- Where is DURRETT?
- DURRETT is a Texas gas lease in Foard County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 213574.
- Is DURRETT still producing?
- DURRETT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DURRETT is August 2026.
- How much has DURRETT produced?
- DURRETT has reported 53,438 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2005 and August 2026, from 1 wellbore.
- How much is DURRETT worth?
- The remaining production from DURRETT is estimated to be worth about $6K in total as of 26 August 2026, within a range of $3K to $9K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DURRETT is a fraction of it. The estimate fits an Arps decline curve to the production DURRETT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DURRETT is an estimate of value, not an offer and not an appraisal.
- How much income does DURRETT generate in a year?
- DURRETT is forecast to net about $778 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DURRETT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Palmer Petroleum Inc. |
|---|---|
| Field | Thalia (Wichita Falls) |
| County | Foard County, Texas |
| RRC district | 09 |
| Lease number | 213574 |
| Wellbores | 1 |
| Reported production | 53,438 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $6K |
Where DURRETT 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.