PENTON UNIT
PENTON UNIT is a Texas gas lease in Montague County, Railroad Commission district 09, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 2012 to August 2026, totalling 1,489,228 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 $691K, with roughly $106K 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 5,136 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 12,925 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 PENTON UNIT
- Who operates PENTON UNIT?
- PENTON UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is PENTON UNIT?
- PENTON UNIT is a Texas gas lease in Montague County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 268621.
- Is PENTON UNIT still producing?
- PENTON UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PENTON UNIT is August 2026.
- How much has PENTON UNIT produced?
- PENTON UNIT has reported 1,489,228 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2012 and August 2026, from 1 wellbore.
- How much is PENTON UNIT worth?
- The remaining production from PENTON UNIT is estimated to be worth about $691K in total as of 27 August 2026, within a range of $574K to $809K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PENTON UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PENTON UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PENTON UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PENTON UNIT generate in a year?
- PENTON UNIT is forecast to net about $106K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PENTON UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Montague County, Texas |
| RRC district | 09 |
| Lease number | 268621 |
| Wellbores | 1 |
| Reported production | 1,489,228 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $691K |
Where PENTON 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.