CRIDER '2022' UNIT
CRIDER '2022' UNIT is a Texas gas lease in Stephens County, Railroad Commission district 7B, operated by Petex. It has 1 wellbore on file with the Commission. Reported production runs from September 2017 to August 2026, totalling 43,515 thousand cubic feet. The lease is intermittent. 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 $823, with roughly $104 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 16 thousand cubic feet a month. Its strongest month on the record we hold was December 2017, at 1,775 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 CRIDER '2022' UNIT
- Who operates CRIDER '2022' UNIT?
- CRIDER '2022' UNIT is operated by Petex, Railroad Commission of Texas operator number 659782.
- Where is CRIDER '2022' UNIT?
- CRIDER '2022' UNIT is a Texas gas lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 283331.
- Is CRIDER '2022' UNIT still producing?
- CRIDER '2022' UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for CRIDER '2022' UNIT is August 2026.
- How much has CRIDER '2022' UNIT produced?
- CRIDER '2022' UNIT has reported 43,515 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2017 and August 2026, from 1 wellbore.
- How much is CRIDER '2022' UNIT worth?
- The remaining production from CRIDER '2022' UNIT is estimated to be worth about $823 in total as of 26 August 2026, within a range of $453 to $1K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRIDER '2022' UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CRIDER '2022' UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRIDER '2022' UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CRIDER '2022' UNIT generate in a year?
- CRIDER '2022' UNIT is forecast to net about $104 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CRIDER '2022' UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Petex |
|---|---|
| Field | Pitz (Duffer) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 283331 |
| Wellbores | 1 |
| Reported production | 43,515 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $823 |
Where CRIDER '2022' 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.