DEARING, MARVIN
DEARING, MARVIN 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 August 2007 to August 2026, totalling 1,355,334 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 $509K, with roughly $81K 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 2,304 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 6,037 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 DEARING, MARVIN
- Who operates DEARING, MARVIN?
- DEARING, MARVIN is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is DEARING, MARVIN?
- DEARING, MARVIN is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 235120.
- Is DEARING, MARVIN still producing?
- DEARING, MARVIN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DEARING, MARVIN is August 2026.
- How much has DEARING, MARVIN produced?
- DEARING, MARVIN has reported 1,355,334 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2007 and August 2026, from 1 wellbore.
- How much is DEARING, MARVIN worth?
- The remaining production from DEARING, MARVIN is estimated to be worth about $509K in total as of 26 August 2026, within a range of $423K to $596K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DEARING, MARVIN is a fraction of it. The estimate fits an Arps decline curve to the production DEARING, MARVIN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DEARING, MARVIN is an estimate of value, not an offer and not an appraisal.
- How much income does DEARING, MARVIN generate in a year?
- DEARING, MARVIN is forecast to net about $81K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DEARING, MARVIN 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 | 235120 |
| Wellbores | 1 |
| Reported production | 1,355,334 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $509K |
Where DEARING, MARVIN 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.