PETTY, ROBERT H.
PETTY, ROBERT H. is a Texas gas lease in Upshur County, Railroad Commission district 06, operated by Oneok Texas Energy Resources, LP. It has 1 wellbore on file with the Commission. Reported production runs from November 2004 to August 2026, totalling 551,070 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 $151K, with roughly $26K 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 743 thousand cubic feet a month. Its strongest month on the record we hold was December 2019, at 1,219 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 PETTY, ROBERT H.
- Who operates PETTY, ROBERT H.?
- PETTY, ROBERT H. is operated by Oneok Texas Energy Resources, LP, Railroad Commission of Texas operator number 623809.
- Where is PETTY, ROBERT H.?
- PETTY, ROBERT H. is a Texas gas lease in Upshur County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 207205.
- Is PETTY, ROBERT H. still producing?
- PETTY, ROBERT H. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PETTY, ROBERT H. is August 2026.
- How much has PETTY, ROBERT H. produced?
- PETTY, ROBERT H. has reported 551,070 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2004 and August 2026, from 1 wellbore.
- How much is PETTY, ROBERT H. worth?
- The remaining production from PETTY, ROBERT H. is estimated to be worth about $151K in total as of 26 August 2026, within a range of $118K to $184K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PETTY, ROBERT H. is a fraction of it. The estimate fits an Arps decline curve to the production PETTY, ROBERT H. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PETTY, ROBERT H. is an estimate of value, not an offer and not an appraisal.
- How much income does PETTY, ROBERT H. generate in a year?
- PETTY, ROBERT H. is forecast to net about $26K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PETTY, ROBERT H. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oneok Texas Energy Resources, LP |
|---|---|
| Field | Glenwood (Cotton Valley) |
| County | Upshur County, Texas |
| RRC district | 06 |
| Lease number | 207205 |
| Wellbores | 1 |
| Reported production | 551,070 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $151K |
Where PETTY, ROBERT H. 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.