HARRELL '4' UNIT
HARRELL '4' 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 April 2012 to August 2026, totalling 63,288 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 $8K, with roughly $1K 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 18 thousand cubic feet a month. Its strongest month on the record we hold was October 2020, at 1,430 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 HARRELL '4' UNIT
- Who operates HARRELL '4' UNIT?
- HARRELL '4' UNIT is operated by Petex, Railroad Commission of Texas operator number 659782.
- Where is HARRELL '4' UNIT?
- HARRELL '4' UNIT is a Texas gas lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 265304.
- Is HARRELL '4' UNIT still producing?
- HARRELL '4' UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for HARRELL '4' UNIT is August 2026.
- How much has HARRELL '4' UNIT produced?
- HARRELL '4' UNIT has reported 63,288 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2012 and August 2026, from 1 wellbore.
- How much is HARRELL '4' UNIT worth?
- The remaining production from HARRELL '4' UNIT is estimated to be worth about $8K in total as of 26 August 2026, within a range of $5K to $12K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HARRELL '4' UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HARRELL '4' UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HARRELL '4' UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HARRELL '4' UNIT generate in a year?
- HARRELL '4' UNIT is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HARRELL '4' 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 | 265304 |
| Wellbores | 1 |
| Reported production | 63,288 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $8K |
Where HARRELL '4' 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.