VIETH
VIETH is a Texas gas lease in Parker County, Railroad Commission district 09, operated by Western Chief Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from April 2007 to August 2026, totalling 1,068,153 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 $58K, with roughly $21K 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 1,430 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 4,226 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 VIETH
- Who operates VIETH?
- VIETH is operated by Western Chief Oil & Gas Company, Railroad Commission of Texas operator number 911802.
- Where is VIETH?
- VIETH is a Texas gas lease in Parker County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 231533.
- Is VIETH still producing?
- VIETH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VIETH is August 2026.
- How much has VIETH produced?
- VIETH has reported 1,068,153 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2007 and August 2026, from 1 wellbore.
- How much is VIETH worth?
- The remaining production from VIETH is estimated to be worth about $58K in total as of 26 August 2026, within a range of $48K to $68K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VIETH is a fraction of it. The estimate fits an Arps decline curve to the production VIETH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VIETH is an estimate of value, not an offer and not an appraisal.
- How much income does VIETH generate in a year?
- VIETH is forecast to net about $21K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in VIETH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Western Chief Oil & Gas Company |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Parker County, Texas |
| RRC district | 09 |
| Lease number | 231533 |
| Wellbores | 1 |
| Reported production | 1,068,153 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $58K |
Where VIETH 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.