PEYTON, MT GU1
PEYTON, MT GU1 is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Ocean Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2001 to August 2026, totalling 2,449,229 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 $627K, with roughly $95K 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 3,988 thousand cubic feet a month. Its strongest month on the record we hold was February 2017, at 6,787 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 PEYTON, MT GU1
- Who operates PEYTON, MT GU1?
- PEYTON, MT GU1 is operated by Ocean Energy, Inc., Railroad Commission of Texas operator number 617549.
- Where is PEYTON, MT GU1?
- PEYTON, MT GU1 is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 182249.
- Is PEYTON, MT GU1 still producing?
- PEYTON, MT GU1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEYTON, MT GU1 is August 2026.
- How much has PEYTON, MT GU1 produced?
- PEYTON, MT GU1 has reported 2,449,229 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2001 and August 2026, from 1 wellbore.
- How much is PEYTON, MT GU1 worth?
- The remaining production from PEYTON, MT GU1 is estimated to be worth about $627K in total as of 26 August 2026, within a range of $521K to $734K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEYTON, MT GU1 is a fraction of it. The estimate fits an Arps decline curve to the production PEYTON, MT GU1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PEYTON, MT GU1 is an estimate of value, not an offer and not an appraisal.
- How much income does PEYTON, MT GU1 generate in a year?
- PEYTON, MT GU1 is forecast to net about $95K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PEYTON, MT GU1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ocean Energy, Inc. |
|---|---|
| Field | Nan-Su-Gail (Cotton Valley) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 182249 |
| Wellbores | 1 |
| Reported production | 2,449,229 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $627K |
Where PEYTON, MT GU1 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.