GETTYS UNIT
GETTYS UNIT is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Richey, Ray Management Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2005 to August 2026, totalling 529,735 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 $351K, with roughly $57K 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 1,873 thousand cubic feet a month. Its strongest month on the record we hold was May 2023, at 3,573 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 GETTYS UNIT
- Who operates GETTYS UNIT?
- GETTYS UNIT is operated by Richey, Ray Management Co., Inc., Railroad Commission of Texas operator number 709694.
- Where is GETTYS UNIT?
- GETTYS UNIT is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 213096.
- Is GETTYS UNIT still producing?
- GETTYS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GETTYS UNIT is August 2026.
- How much has GETTYS UNIT produced?
- GETTYS UNIT has reported 529,735 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2005 and August 2026, from 1 wellbore.
- How much is GETTYS UNIT worth?
- The remaining production from GETTYS UNIT is estimated to be worth about $351K in total as of 26 August 2026, within a range of $292K to $411K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GETTYS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GETTYS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GETTYS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GETTYS UNIT generate in a year?
- GETTYS UNIT is forecast to net about $57K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GETTYS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Richey, Ray Management Co., Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 213096 |
| Wellbores | 1 |
| Reported production | 529,735 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $351K |
Where GETTYS 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.