CASTLE UNIT
CASTLE UNIT is a Texas gas lease in Hill County, Railroad Commission district 09, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from June 2006 to August 2026, totalling 1,144,417 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 $334K, with roughly $51K 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 2,143 thousand cubic feet a month. Its strongest month on the record we hold was August 2017, at 6,356 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 CASTLE UNIT
- Who operates CASTLE UNIT?
- CASTLE UNIT is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is CASTLE UNIT?
- CASTLE UNIT is a Texas gas lease in Hill County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 217807.
- Is CASTLE UNIT still producing?
- CASTLE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CASTLE UNIT is August 2026.
- How much has CASTLE UNIT produced?
- CASTLE UNIT has reported 1,144,417 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2006 and August 2026, from 1 wellbore.
- How much is CASTLE UNIT worth?
- The remaining production from CASTLE UNIT is estimated to be worth about $334K in total as of 26 August 2026, within a range of $278K to $391K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CASTLE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CASTLE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CASTLE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CASTLE UNIT generate in a year?
- CASTLE UNIT is forecast to net about $51K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CASTLE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Hill County, Texas |
| RRC district | 09 |
| Lease number | 217807 |
| Wellbores | 1 |
| Reported production | 1,144,417 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $334K |
Where CASTLE UNIT 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.