FLETCHER UNIT
FLETCHER UNIT is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Legend Natural Gas IV, LP. It has 1 wellbore on file with the Commission. Reported production runs from August 2012 to August 2026, totalling 747,055 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 $935K, with roughly $146K 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 5,473 thousand cubic feet a month. Its strongest month on the record we hold was September 2022, at 13,017 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 FLETCHER UNIT
- Who operates FLETCHER UNIT?
- FLETCHER UNIT is operated by Legend Natural Gas IV, LP, Railroad Commission of Texas operator number 495557.
- Where is FLETCHER UNIT?
- FLETCHER UNIT is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 266849.
- Is FLETCHER UNIT still producing?
- FLETCHER UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FLETCHER UNIT is August 2026.
- How much has FLETCHER UNIT produced?
- FLETCHER UNIT has reported 747,055 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2012 and August 2026, from 1 wellbore.
- How much is FLETCHER UNIT worth?
- The remaining production from FLETCHER UNIT is estimated to be worth about $935K in total as of 26 August 2026, within a range of $776K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FLETCHER UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FLETCHER UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FLETCHER UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FLETCHER UNIT generate in a year?
- FLETCHER UNIT is forecast to net about $146K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FLETCHER UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Legend Natural Gas IV, LP |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 266849 |
| Wellbores | 1 |
| Reported production | 747,055 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $935K |
Where FLETCHER 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.