FRANCES UNIT
FRANCES UNIT is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by Barrett Resources Corporation. It has 1 wellbore on file with the Commission. Reported production runs from July 1998 to August 2026, totalling 529,901 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 $31K, with roughly $10K 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 2,643 thousand cubic feet a month. Its strongest month on the record we hold was May 2025, at 13,659 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 FRANCES UNIT
- Who operates FRANCES UNIT?
- FRANCES UNIT is operated by Barrett Resources Corporation, Railroad Commission of Texas operator number 053051.
- Where is FRANCES UNIT?
- FRANCES UNIT is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 169968.
- Is FRANCES UNIT still producing?
- FRANCES UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for FRANCES UNIT is August 2026.
- How much has FRANCES UNIT produced?
- FRANCES UNIT has reported 529,901 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 1998 and August 2026, from 1 wellbore.
- How much is FRANCES UNIT worth?
- The remaining production from FRANCES UNIT is estimated to be worth about $31K in total as of 26 August 2026, within a range of $26K to $36K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FRANCES UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FRANCES UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FRANCES UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FRANCES UNIT generate in a year?
- FRANCES UNIT is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FRANCES UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Barrett Resources Corporation |
|---|---|
| Field | Mills Ranch (Lister Atoka Wash) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 169968 |
| Wellbores | 1 |
| Reported production | 529,901 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $31K |
Where FRANCES 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.