PATE MUSEUM
PATE MUSEUM is a Texas gas lease in Parker County, Railroad Commission district 09, operated by Carrizo Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2006 to August 2026, totalling 2,583,097 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 $334K, with roughly $84K 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 4,221 thousand cubic feet a month. Its strongest month on the record we hold was December 2016, at 9,635 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 PATE MUSEUM
- Who operates PATE MUSEUM?
- PATE MUSEUM is operated by Carrizo Oil & Gas, Inc., Railroad Commission of Texas operator number 135401.
- Where is PATE MUSEUM?
- PATE MUSEUM is a Texas gas lease in Parker County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 224597.
- Is PATE MUSEUM still producing?
- PATE MUSEUM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PATE MUSEUM is August 2026.
- How much has PATE MUSEUM produced?
- PATE MUSEUM has reported 2,583,097 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2006 and August 2026, from 1 wellbore.
- How much is PATE MUSEUM worth?
- The remaining production from PATE MUSEUM is estimated to be worth about $334K in total as of 27 August 2026, within a range of $277K to $390K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PATE MUSEUM is a fraction of it. The estimate fits an Arps decline curve to the production PATE MUSEUM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PATE MUSEUM is an estimate of value, not an offer and not an appraisal.
- How much income does PATE MUSEUM generate in a year?
- PATE MUSEUM is forecast to net about $84K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PATE MUSEUM receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Carrizo Oil & Gas, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Parker County, Texas |
| RRC district | 09 |
| Lease number | 224597 |
| Wellbores | 1 |
| Reported production | 2,583,097 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $334K |
Where PATE MUSEUM 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.