PEARL FEDERAL
PEARL FEDERAL is a Texas gas lease in Tarrant County, Railroad Commission district 09, operated by Encana Oil & Gas(USA) Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2008 to August 2026, totalling 2,936,041 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 $939K, with roughly $144K 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 6,016 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 10,546 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 PEARL FEDERAL
- Who operates PEARL FEDERAL?
- PEARL FEDERAL is operated by Encana Oil & Gas(USA) Inc., Railroad Commission of Texas operator number 251691.
- Where is PEARL FEDERAL?
- PEARL FEDERAL is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 239000.
- Is PEARL FEDERAL still producing?
- PEARL FEDERAL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEARL FEDERAL is August 2026.
- How much has PEARL FEDERAL produced?
- PEARL FEDERAL has reported 2,936,041 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2008 and August 2026, from 1 wellbore.
- How much is PEARL FEDERAL worth?
- The remaining production from PEARL FEDERAL is estimated to be worth about $939K in total as of 27 August 2026, within a range of $779K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEARL FEDERAL is a fraction of it. The estimate fits an Arps decline curve to the production PEARL FEDERAL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PEARL FEDERAL is an estimate of value, not an offer and not an appraisal.
- How much income does PEARL FEDERAL generate in a year?
- PEARL FEDERAL is forecast to net about $144K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PEARL FEDERAL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encana Oil & Gas(USA) Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Tarrant County, Texas |
| RRC district | 09 |
| Lease number | 239000 |
| Wellbores | 1 |
| Reported production | 2,936,041 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $939K |
Where PEARL FEDERAL 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.