PATE UNIT
PATE UNIT is a Texas gas lease in Parker County, Railroad Commission district 09, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2012 to August 2026, totalling 2,843,086 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 $812K, with roughly $140K 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 7,102 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 18,348 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 UNIT
- Who operates PATE UNIT?
- PATE UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is PATE UNIT?
- PATE UNIT is a Texas gas lease in Parker County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 267274.
- Is PATE UNIT still producing?
- PATE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PATE UNIT is August 2026.
- How much has PATE UNIT produced?
- PATE UNIT has reported 2,843,086 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2012 and August 2026, from 1 wellbore.
- How much is PATE UNIT worth?
- The remaining production from PATE UNIT is estimated to be worth about $812K in total as of 26 August 2026, within a range of $674K to $950K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PATE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PATE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PATE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PATE UNIT generate in a year?
- PATE UNIT is forecast to net about $140K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PATE 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 | Parker County, Texas |
| RRC district | 09 |
| Lease number | 267274 |
| Wellbores | 1 |
| Reported production | 2,843,086 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $812K |
Where PATE 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.