COVINGTON B UNIT
COVINGTON B UNIT is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Bedrock Production, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2021 to August 2026, totalling 200,063 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 $469K, with roughly $73K 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 2,602 thousand cubic feet a month. Its strongest month on the record we hold was December 2022, at 4,215 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 COVINGTON B UNIT
- Who operates COVINGTON B UNIT?
- COVINGTON B UNIT is operated by Bedrock Production, LLC, Railroad Commission of Texas operator number 061620.
- Where is COVINGTON B UNIT?
- COVINGTON B UNIT is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 290917.
- Is COVINGTON B UNIT still producing?
- COVINGTON B UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COVINGTON B UNIT is August 2026.
- How much has COVINGTON B UNIT produced?
- COVINGTON B UNIT has reported 200,063 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2021 and August 2026, from 1 wellbore.
- How much is COVINGTON B UNIT worth?
- The remaining production from COVINGTON B UNIT is estimated to be worth about $469K in total as of 27 August 2026, within a range of $389K to $549K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COVINGTON B UNIT is a fraction of it. The estimate fits an Arps decline curve to the production COVINGTON B UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COVINGTON B UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does COVINGTON B UNIT generate in a year?
- COVINGTON B UNIT is forecast to net about $73K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COVINGTON B UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bedrock Production, LLC |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 290917 |
| Wellbores | 1 |
| Reported production | 200,063 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $469K |
Where COVINGTON B 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.