CATO UNIT
CATO UNIT is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Mccutchin Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from April 2012 to August 2026, totalling 1,955,521 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 $598K, with roughly $129K 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 5,674 thousand cubic feet a month. Its strongest month on the record we hold was May 2021, at 14,203 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 CATO UNIT
- Who operates CATO UNIT?
- CATO UNIT is operated by Mccutchin Petroleum Corporation, Railroad Commission of Texas operator number 544550.
- Where is CATO UNIT?
- CATO UNIT is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 273582.
- Is CATO UNIT still producing?
- CATO UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CATO UNIT is August 2026.
- How much has CATO UNIT produced?
- CATO UNIT has reported 1,955,521 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2012 and August 2026, from 1 wellbore.
- How much is CATO UNIT worth?
- The remaining production from CATO UNIT is estimated to be worth about $598K in total as of 26 August 2026, within a range of $496K to $699K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CATO UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CATO UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CATO UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CATO UNIT generate in a year?
- CATO UNIT is forecast to net about $129K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CATO UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mccutchin Petroleum Corporation |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 273582 |
| Wellbores | 1 |
| Reported production | 1,955,521 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $598K |
Where CATO 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.