SULLIVAN, VENA GAS UNIT
SULLIVAN, VENA GAS UNIT 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 September 2005 to August 2026, totalling 1,756,184 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 $1.1M, with roughly $168K 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 8,427 thousand cubic feet a month. Its strongest month on the record we hold was August 2025, at 19,364 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 SULLIVAN, VENA GAS UNIT
- Who operates SULLIVAN, VENA GAS UNIT?
- SULLIVAN, VENA GAS UNIT is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is SULLIVAN, VENA GAS UNIT?
- SULLIVAN, VENA GAS UNIT is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 212716.
- Is SULLIVAN, VENA GAS UNIT still producing?
- SULLIVAN, VENA GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SULLIVAN, VENA GAS UNIT is August 2026.
- How much has SULLIVAN, VENA GAS UNIT produced?
- SULLIVAN, VENA GAS UNIT has reported 1,756,184 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2005 and August 2026, from 1 wellbore.
- How much is SULLIVAN, VENA GAS UNIT worth?
- The remaining production from SULLIVAN, VENA GAS UNIT is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $915K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SULLIVAN, VENA GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SULLIVAN, VENA GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SULLIVAN, VENA GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SULLIVAN, VENA GAS UNIT generate in a year?
- SULLIVAN, VENA GAS UNIT is forecast to net about $168K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SULLIVAN, VENA GAS UNIT 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 | 212716 |
| Wellbores | 1 |
| Reported production | 1,756,184 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where SULLIVAN, VENA GAS 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.