CRAIG
CRAIG 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 September 2006 to August 2026, totalling 1,000,134 thousand cubic feet. The lease is shut in. 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 $132, with roughly $17 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 1 thousand cubic feet a month. Its strongest month on the record we hold was July 2021, at 6,034 thousand cubic feet.
Key facts about CRAIG
- Who operates CRAIG?
- CRAIG is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is CRAIG?
- CRAIG is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 224544.
- Is CRAIG still producing?
- CRAIG is shut in. The most recent month of production reported to the Railroad Commission of Texas for CRAIG is August 2026.
- How much has CRAIG produced?
- CRAIG has reported 1,000,134 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2006 and August 2026, from 1 wellbore.
- How much is CRAIG worth?
- The remaining production from CRAIG is estimated to be worth about $132 in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CRAIG is a fraction of it. The estimate fits an Arps decline curve to the production CRAIG has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CRAIG is an estimate of value, not an offer and not an appraisal.
- How much income does CRAIG generate in a year?
- CRAIG is forecast to net about $17 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CRAIG 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 | 224544 |
| Wellbores | 1 |
| Reported production | 1,000,134 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $132 |
Where CRAIG 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.