MASTIN NORTH UNIT
MASTIN NORTH 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 September 2006 to August 2026, totalling 893,571 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 $290K, with roughly $44K 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 2,041 thousand cubic feet a month. Its strongest month on the record we hold was December 2019, at 4,683 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 MASTIN NORTH UNIT
- Who operates MASTIN NORTH UNIT?
- MASTIN NORTH UNIT is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is MASTIN NORTH UNIT?
- MASTIN NORTH UNIT is a Texas gas lease in Hill County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 224538.
- Is MASTIN NORTH UNIT still producing?
- MASTIN NORTH UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MASTIN NORTH UNIT is August 2026.
- How much has MASTIN NORTH UNIT produced?
- MASTIN NORTH UNIT has reported 893,571 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2006 and August 2026, from 1 wellbore.
- How much is MASTIN NORTH UNIT worth?
- The remaining production from MASTIN NORTH UNIT is estimated to be worth about $290K in total as of 27 August 2026, within a range of $240K to $339K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MASTIN NORTH UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MASTIN NORTH UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MASTIN NORTH UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MASTIN NORTH UNIT generate in a year?
- MASTIN NORTH UNIT is forecast to net about $44K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MASTIN NORTH 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 | 224538 |
| Wellbores | 1 |
| Reported production | 893,571 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $290K |
Where MASTIN NORTH 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.