PRATHER
PRATHER 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 February 2013 to August 2026, totalling 1,173,152 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 $433K, with roughly $76K 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 3,159 thousand cubic feet a month. Its strongest month on the record we hold was November 2018, at 14,517 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 PRATHER
- Who operates PRATHER?
- PRATHER is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is PRATHER?
- PRATHER is a Texas gas lease in Parker County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 269515.
- Is PRATHER still producing?
- PRATHER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PRATHER is August 2026.
- How much has PRATHER produced?
- PRATHER has reported 1,173,152 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2013 and August 2026, from 1 wellbore.
- How much is PRATHER worth?
- The remaining production from PRATHER is estimated to be worth about $433K in total as of 26 August 2026, within a range of $359K to $506K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PRATHER is a fraction of it. The estimate fits an Arps decline curve to the production PRATHER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PRATHER is an estimate of value, not an offer and not an appraisal.
- How much income does PRATHER generate in a year?
- PRATHER is forecast to net about $76K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PRATHER 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 | 269515 |
| Wellbores | 1 |
| Reported production | 1,173,152 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $433K |
Where PRATHER 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.