EARP, M. L. "B"
EARP, M. L. "B" is a Texas gas lease in Parker 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 2008 to August 2026, totalling 1,065,975 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 $359K, with roughly $54K 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 2,361 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 4,127 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 EARP, M. L. "B"
- Who operates EARP, M. L. "B"?
- EARP, M. L. "B" is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is EARP, M. L. "B"?
- EARP, M. L. "B" is a Texas gas lease in Parker County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 246262.
- Is EARP, M. L. "B" still producing?
- EARP, M. L. "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for EARP, M. L. "B" is August 2026.
- How much has EARP, M. L. "B" produced?
- EARP, M. L. "B" has reported 1,065,975 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2008 and August 2026, from 1 wellbore.
- How much is EARP, M. L. "B" worth?
- The remaining production from EARP, M. L. "B" is estimated to be worth about $359K in total as of 27 August 2026, within a range of $298K to $420K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in EARP, M. L. "B" is a fraction of it. The estimate fits an Arps decline curve to the production EARP, M. L. "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for EARP, M. L. "B" is an estimate of value, not an offer and not an appraisal.
- How much income does EARP, M. L. "B" generate in a year?
- EARP, M. L. "B" is forecast to net about $54K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in EARP, M. L. "B" 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 | Parker County, Texas |
| RRC district | 09 |
| Lease number | 246262 |
| Wellbores | 1 |
| Reported production | 1,065,975 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $359K |
Where EARP, M. L. "B" 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.