GGVZ MIPA UNIT
GGVZ MIPA UNIT is a Texas gas lease in Tarrant County, Railroad Commission district 09, operated by Tep Barnett USA, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2020 to August 2026, totalling 4,485,827 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 $3.3M, with roughly $627K 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 30,385 thousand cubic feet a month. Its strongest month on the record we hold was June 2020, at 199,905 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 GGVZ MIPA UNIT
- Who operates GGVZ MIPA UNIT?
- GGVZ MIPA UNIT is operated by Tep Barnett USA, LLC, Railroad Commission of Texas operator number 842986.
- Where is GGVZ MIPA UNIT?
- GGVZ MIPA UNIT is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 289479.
- Is GGVZ MIPA UNIT still producing?
- GGVZ MIPA UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GGVZ MIPA UNIT is August 2026.
- How much has GGVZ MIPA UNIT produced?
- GGVZ MIPA UNIT has reported 4,485,827 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2020 and August 2026, from 1 wellbore.
- How much is GGVZ MIPA UNIT worth?
- The remaining production from GGVZ MIPA UNIT is estimated to be worth about $3.3M in total as of 27 August 2026, within a range of $2.7M to $3.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GGVZ MIPA UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GGVZ MIPA UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GGVZ MIPA UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GGVZ MIPA UNIT generate in a year?
- GGVZ MIPA UNIT is forecast to net about $627K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GGVZ MIPA UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Tep Barnett USA, LLC |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Tarrant County, Texas |
| RRC district | 09 |
| Lease number | 289479 |
| Wellbores | 1 |
| Reported production | 4,485,827 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.3M |
Where GGVZ MIPA 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.