GARLAND BEND UNIT
GARLAND BEND UNIT is a Texas gas lease in Palo Pinto County, Railroad Commission district 7B, operated by Peba Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2017 to August 2026, totalling 1,524 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 $3K, with roughly $366 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 14 thousand cubic feet a month. Its strongest month on the record we hold was February 2018, at 34 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 GARLAND BEND UNIT
- Who operates GARLAND BEND UNIT?
- GARLAND BEND UNIT is operated by Peba Oil & Gas, Inc., Railroad Commission of Texas operator number 648640.
- Where is GARLAND BEND UNIT?
- GARLAND BEND UNIT is a Texas gas lease in Palo Pinto County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 283040.
- Is GARLAND BEND UNIT still producing?
- GARLAND BEND UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GARLAND BEND UNIT is August 2026.
- How much has GARLAND BEND UNIT produced?
- GARLAND BEND UNIT has reported 1,524 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2017 and August 2026, from 1 wellbore.
- How much is GARLAND BEND UNIT worth?
- The remaining production from GARLAND BEND UNIT is estimated to be worth about $3K in total as of 27 August 2026, within a range of $2K to $4K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GARLAND BEND UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GARLAND BEND UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GARLAND BEND UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GARLAND BEND UNIT generate in a year?
- GARLAND BEND UNIT is forecast to net about $366 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GARLAND BEND UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Peba Oil & Gas, Inc. |
|---|---|
| Field | Palo Pinto Co. Reg. (Gas) |
| County | Palo Pinto County, Texas |
| RRC district | 7B |
| Lease number | 283040 |
| Wellbores | 1 |
| Reported production | 1,524 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where GARLAND BEND 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.