KATIE LEE UNIT
KATIE LEE UNIT is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Bedrock Production, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2022 to August 2026, totalling 202,659 thousand cubic feet. The lease is intermittent. 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 $2.4M, with roughly $868K 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 16,888 thousand cubic feet a month. Its strongest month on the record we hold was January 2026, at 62,204 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 KATIE LEE UNIT
- Who operates KATIE LEE UNIT?
- KATIE LEE UNIT is operated by Bedrock Production, LLC, Railroad Commission of Texas operator number 061620.
- Where is KATIE LEE UNIT?
- KATIE LEE UNIT is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 297042.
- Is KATIE LEE UNIT still producing?
- KATIE LEE UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for KATIE LEE UNIT is August 2026.
- How much has KATIE LEE UNIT produced?
- KATIE LEE UNIT has reported 202,659 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2022 and August 2026, from 1 wellbore.
- How much is KATIE LEE UNIT worth?
- The remaining production from KATIE LEE UNIT is estimated to be worth about $2.4M in total as of 26 August 2026, within a range of $2.0M to $2.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KATIE LEE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production KATIE LEE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KATIE LEE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does KATIE LEE UNIT generate in a year?
- KATIE LEE UNIT is forecast to net about $868K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KATIE LEE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bedrock Production, LLC |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 297042 |
| Wellbores | 1 |
| Reported production | 202,659 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.4M |
Where KATIE LEE 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.