PEYTON, T. J. UNIT 1
PEYTON, T. J. UNIT 1 is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Redmon Oil Company, Inc., The. It has 1 wellbore on file with the Commission. Reported production runs from June 2006 to August 2026, totalling 81,964 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 $53K, with roughly $8K 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 413 thousand cubic feet a month. Its strongest month on the record we hold was December 2019, at 599 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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, T. J. UNIT 1
- Who operates PEYTON, T. J. UNIT 1?
- PEYTON, T. J. UNIT 1 is operated by Redmon Oil Company, Inc., The, Railroad Commission of Texas operator number 697051.
- Where is PEYTON, T. J. UNIT 1?
- PEYTON, T. J. UNIT 1 is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 221018.
- Is PEYTON, T. J. UNIT 1 still producing?
- PEYTON, T. J. UNIT 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEYTON, T. J. UNIT 1 is August 2026.
- How much has PEYTON, T. J. UNIT 1 produced?
- PEYTON, T. J. UNIT 1 has reported 81,964 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2006 and August 2026, from 1 wellbore.
- How much is PEYTON, T. J. UNIT 1 worth?
- The remaining production from PEYTON, T. J. UNIT 1 is estimated to be worth about $53K in total as of 26 August 2026, within a range of $42K to $65K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEYTON, T. J. UNIT 1 is a fraction of it. The estimate fits an Arps decline curve to the production PEYTON, T. J. UNIT 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PEYTON, T. J. UNIT 1 is an estimate of value, not an offer and not an appraisal.
- How much income does PEYTON, T. J. UNIT 1 generate in a year?
- PEYTON, T. J. UNIT 1 is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PEYTON, T. J. UNIT 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Redmon Oil Company, Inc., The |
|---|---|
| Field | Nan-Su-Gail (Sub-Clrksvlle 4100) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 221018 |
| Wellbores | 1 |
| Reported production | 81,964 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $53K |
Where PEYTON, T. J. UNIT 1 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.