GAGE B2-GAGE B1 (SA)
GAGE B2-GAGE B1 (SA) 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 October 2010 to August 2026, totalling 1,209,291 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 $472K, 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 3,228 thousand cubic feet a month. Its strongest month on the record we hold was July 2017, at 11,180 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 GAGE B2-GAGE B1 (SA)
- Who operates GAGE B2-GAGE B1 (SA)?
- GAGE B2-GAGE B1 (SA) is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is GAGE B2-GAGE B1 (SA)?
- GAGE B2-GAGE B1 (SA) is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 259017.
- Is GAGE B2-GAGE B1 (SA) still producing?
- GAGE B2-GAGE B1 (SA) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GAGE B2-GAGE B1 (SA) is August 2026.
- How much has GAGE B2-GAGE B1 (SA) produced?
- GAGE B2-GAGE B1 (SA) has reported 1,209,291 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2010 and August 2026, from 1 wellbore.
- How much is GAGE B2-GAGE B1 (SA) worth?
- The remaining production from GAGE B2-GAGE B1 (SA) is estimated to be worth about $472K in total as of 27 August 2026, within a range of $391K to $552K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GAGE B2-GAGE B1 (SA) is a fraction of it. The estimate fits an Arps decline curve to the production GAGE B2-GAGE B1 (SA) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GAGE B2-GAGE B1 (SA) is an estimate of value, not an offer and not an appraisal.
- How much income does GAGE B2-GAGE B1 (SA) generate in a year?
- GAGE B2-GAGE B1 (SA) is forecast to net about $81K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GAGE B2-GAGE B1 (SA) 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 | 259017 |
| Wellbores | 1 |
| Reported production | 1,209,291 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $472K |
Where GAGE B2-GAGE B1 (SA) 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.