WITT, J. R.
WITT, J. R. 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 June 2007 to August 2026, totalling 2,164,532 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 $479K, with roughly $75K 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 3,227 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 5,924 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 WITT, J. R.
- Who operates WITT, J. R.?
- WITT, J. R. is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is WITT, J. R.?
- WITT, J. R. is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 231201.
- Is WITT, J. R. still producing?
- WITT, J. R. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WITT, J. R. is August 2026.
- How much has WITT, J. R. produced?
- WITT, J. R. has reported 2,164,532 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2007 and August 2026, from 1 wellbore.
- How much is WITT, J. R. worth?
- The remaining production from WITT, J. R. is estimated to be worth about $479K in total as of 27 August 2026, within a range of $398K to $561K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WITT, J. R. is a fraction of it. The estimate fits an Arps decline curve to the production WITT, J. R. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WITT, J. R. is an estimate of value, not an offer and not an appraisal.
- How much income does WITT, J. R. generate in a year?
- WITT, J. R. is forecast to net about $75K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WITT, J. R. 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 | 231201 |
| Wellbores | 1 |
| Reported production | 2,164,532 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $479K |
Where WITT, J. R. 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.