BERRY
BERRY is a Texas gas lease in Smith County, Railroad Commission district 06, operated by Valence Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2009 to August 2026, totalling 1,432,630 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 $360K, with roughly $60K 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 2,002 thousand cubic feet a month. Its strongest month on the record we hold was February 2024, at 5,612 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 BERRY
- Who operates BERRY?
- BERRY is operated by Valence Operating Company, Railroad Commission of Texas operator number 881167.
- Where is BERRY?
- BERRY is a Texas gas lease in Smith County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 245291.
- Is BERRY still producing?
- BERRY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BERRY is August 2026.
- How much has BERRY produced?
- BERRY has reported 1,432,630 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2009 and August 2026, from 1 wellbore.
- How much is BERRY worth?
- The remaining production from BERRY is estimated to be worth about $360K in total as of 27 August 2026, within a range of $299K to $422K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BERRY is a fraction of it. The estimate fits an Arps decline curve to the production BERRY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BERRY is an estimate of value, not an offer and not an appraisal.
- How much income does BERRY generate in a year?
- BERRY is forecast to net about $60K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BERRY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Valence Operating Company |
|---|---|
| Field | Noonday (Travis Peak) |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 245291 |
| Wellbores | 1 |
| Reported production | 1,432,630 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $360K |
Where BERRY 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.