STONE, R.E. GAS UNIT
STONE, R.E. GAS UNIT is a Texas gas lease in Limestone County, Railroad Commission district 05, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from June 2004 to August 2026, totalling 1,065,243 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 $123K, with roughly $21K 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 948 thousand cubic feet a month. Its strongest month on the record we hold was December 2021, at 2,479 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 STONE, R.E. GAS UNIT
- Who operates STONE, R.E. GAS UNIT?
- STONE, R.E. GAS UNIT is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is STONE, R.E. GAS UNIT?
- STONE, R.E. GAS UNIT is a Texas gas lease in Limestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 204449.
- Is STONE, R.E. GAS UNIT still producing?
- STONE, R.E. GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STONE, R.E. GAS UNIT is August 2026.
- How much has STONE, R.E. GAS UNIT produced?
- STONE, R.E. GAS UNIT has reported 1,065,243 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2004 and August 2026, from 1 wellbore.
- How much is STONE, R.E. GAS UNIT worth?
- The remaining production from STONE, R.E. GAS UNIT is estimated to be worth about $123K in total as of 26 August 2026, within a range of $96K to $151K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STONE, R.E. GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production STONE, R.E. 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 STONE, R.E. GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does STONE, R.E. GAS UNIT generate in a year?
- STONE, R.E. GAS UNIT is forecast to net about $21K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STONE, R.E. GAS 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 | Personville, N (CV Consolidated) |
| County | Limestone County, Texas |
| RRC district | 05 |
| Lease number | 204449 |
| Wellbores | 1 |
| Reported production | 1,065,243 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $123K |
Where STONE, R.E. 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.