CRABTREE GAS UNIT
CRABTREE GAS UNIT is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from February 2009 to August 2026, totalling 1,709,279 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 $412K, with roughly $99K 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 5,019 thousand cubic feet a month. Its strongest month on the record we hold was October 2018, at 16,836 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 CRABTREE GAS UNIT
- Who operates CRABTREE GAS UNIT?
- CRABTREE GAS UNIT is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is CRABTREE GAS UNIT?
- CRABTREE GAS UNIT is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 251161.
- Is CRABTREE GAS UNIT still producing?
- CRABTREE GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CRABTREE GAS UNIT is August 2026.
- How much has CRABTREE GAS UNIT produced?
- CRABTREE GAS UNIT has reported 1,709,279 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2009 and August 2026, from 1 wellbore.
- How much is CRABTREE GAS UNIT worth?
- The remaining production from CRABTREE GAS UNIT is estimated to be worth about $412K in total as of 26 August 2026, within a range of $342K to $482K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRABTREE GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production CRABTREE GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRABTREE GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does CRABTREE GAS UNIT generate in a year?
- CRABTREE GAS UNIT is forecast to net about $99K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CRABTREE GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 251161 |
| Wellbores | 1 |
| Reported production | 1,709,279 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $412K |
Where CRABTREE GAS 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.