COURSEY UNIT
COURSEY 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 May 2008 to August 2026, totalling 1,071,279 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 $302K, with roughly $59K 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 2,922 thousand cubic feet a month. Its strongest month on the record we hold was June 2022, at 5,689 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 COURSEY UNIT
- Who operates COURSEY UNIT?
- COURSEY UNIT is operated by Mccutchin Petroleum Corporation, Railroad Commission of Texas operator number 544550.
- Where is COURSEY UNIT?
- COURSEY UNIT is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 251633.
- Is COURSEY UNIT still producing?
- COURSEY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COURSEY UNIT is August 2026.
- How much has COURSEY UNIT produced?
- COURSEY UNIT has reported 1,071,279 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2008 and August 2026, from 1 wellbore.
- How much is COURSEY UNIT worth?
- The remaining production from COURSEY UNIT is estimated to be worth about $302K in total as of 26 August 2026, within a range of $250K to $353K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COURSEY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production COURSEY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COURSEY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does COURSEY UNIT generate in a year?
- COURSEY UNIT is forecast to net about $59K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COURSEY 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 | 251633 |
| Wellbores | 1 |
| Reported production | 1,071,279 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $302K |
Where COURSEY 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.