OAKES, PAT GAS UNIT
OAKES, PAT GAS UNIT is a Texas gas lease in Limestone County, Railroad Commission district 05, operated by Wiser Oil Company, The. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 723,267 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 $23K, with roughly $3K 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 109 thousand cubic feet a month. Its strongest month on the record we hold was November 2021, at 1,682 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 OAKES, PAT GAS UNIT
- Who operates OAKES, PAT GAS UNIT?
- OAKES, PAT GAS UNIT is operated by Wiser Oil Company, The, Railroad Commission of Texas operator number 933800.
- Where is OAKES, PAT GAS UNIT?
- OAKES, PAT GAS UNIT is a Texas gas lease in Limestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 133364.
- Is OAKES, PAT GAS UNIT still producing?
- OAKES, PAT GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OAKES, PAT GAS UNIT is August 2026.
- How much has OAKES, PAT GAS UNIT produced?
- OAKES, PAT GAS UNIT has reported 723,267 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is OAKES, PAT GAS UNIT worth?
- The remaining production from OAKES, PAT GAS UNIT is estimated to be worth about $23K in total as of 27 August 2026, within a range of $18K to $29K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OAKES, PAT GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production OAKES, PAT GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OAKES, PAT GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does OAKES, PAT GAS UNIT generate in a year?
- OAKES, PAT GAS UNIT is forecast to net about $3K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in OAKES, PAT GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Wiser Oil Company, The |
|---|---|
| Field | Bear Grass (Travis Peak) |
| County | Limestone County, Texas |
| RRC district | 05 |
| Lease number | 133364 |
| Wellbores | 1 |
| Reported production | 723,267 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $23K |
Where OAKES, PAT GAS 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.