R E PETTY UNIT
R E PETTY UNIT is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2011 to August 2026, totalling 1,736,138 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 $480K, with roughly $92K 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 4,086 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 11,313 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 R E PETTY UNIT
- Who operates R E PETTY UNIT?
- R E PETTY UNIT is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is R E PETTY UNIT?
- R E PETTY UNIT is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 263895.
- Is R E PETTY UNIT still producing?
- R E PETTY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for R E PETTY UNIT is August 2026.
- How much has R E PETTY UNIT produced?
- R E PETTY UNIT has reported 1,736,138 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2011 and August 2026, from 1 wellbore.
- How much is R E PETTY UNIT worth?
- The remaining production from R E PETTY UNIT is estimated to be worth about $480K in total as of 26 August 2026, within a range of $399K to $562K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in R E PETTY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production R E PETTY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for R E PETTY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does R E PETTY UNIT generate in a year?
- R E PETTY UNIT is forecast to net about $92K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in R E PETTY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 263895 |
| Wellbores | 1 |
| Reported production | 1,736,138 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $480K |
Where R E PETTY 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.