PLEASANT RIDGE
PLEASANT RIDGE 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 2023 to August 2026, totalling 1,028,430 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 $541K, with roughly $297K 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 26,059 thousand cubic feet a month. Its strongest month on the record we hold was June 2024, at 111,282 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 PLEASANT RIDGE
- Who operates PLEASANT RIDGE?
- PLEASANT RIDGE is operated by Tep Barnett USA, LLC, Railroad Commission of Texas operator number 842986.
- Where is PLEASANT RIDGE?
- PLEASANT RIDGE is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 295674.
- Is PLEASANT RIDGE still producing?
- PLEASANT RIDGE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PLEASANT RIDGE is August 2026.
- How much has PLEASANT RIDGE produced?
- PLEASANT RIDGE has reported 1,028,430 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2023 and August 2026, from 1 wellbore.
- How much is PLEASANT RIDGE worth?
- The remaining production from PLEASANT RIDGE is estimated to be worth about $541K in total as of 27 August 2026, within a range of $443K to $638K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PLEASANT RIDGE is a fraction of it. The estimate fits an Arps decline curve to the production PLEASANT RIDGE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PLEASANT RIDGE is an estimate of value, not an offer and not an appraisal.
- How much income does PLEASANT RIDGE generate in a year?
- PLEASANT RIDGE is forecast to net about $297K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PLEASANT RIDGE 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 | 295674 |
| Wellbores | 1 |
| Reported production | 1,028,430 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $541K |
Where PLEASANT RIDGE 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.