NIVENS UNIT
NIVENS UNIT is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Enervest Operating, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from November 2012 to August 2026, totalling 2,200,080 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 $600K, with roughly $116K 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 5,190 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 16,217 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 NIVENS UNIT
- Who operates NIVENS UNIT?
- NIVENS UNIT is operated by Enervest Operating, L.L.C., Railroad Commission of Texas operator number 252131.
- Where is NIVENS UNIT?
- NIVENS UNIT is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 266634.
- Is NIVENS UNIT still producing?
- NIVENS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NIVENS UNIT is August 2026.
- How much has NIVENS UNIT produced?
- NIVENS UNIT has reported 2,200,080 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2012 and August 2026, from 1 wellbore.
- How much is NIVENS UNIT worth?
- The remaining production from NIVENS UNIT is estimated to be worth about $600K in total as of 27 August 2026, within a range of $498K to $702K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NIVENS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NIVENS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NIVENS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NIVENS UNIT generate in a year?
- NIVENS UNIT is forecast to net about $116K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NIVENS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enervest Operating, L.L.C. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 266634 |
| Wellbores | 1 |
| Reported production | 2,200,080 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $600K |
Where NIVENS 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.