R E Petty Unit

Oil & Gas Property in Wise County, TX

Property Summary

Key data points for R E Petty Unit

CountyWise County, TX
OperatorBKV NORTH TEXAS, LLC
Production DatesDec 2011 - Jan 2026
Total Oil Production19,338 BBLs
Total Gas Production6,907,668 MCF
Recent Oil Production84 BBLs in Dec 2025
Recent Gas Production17,171 MCF in Dec 2025
Wells on Property6

Our Valuation Estimates for R E Petty Unit

ShaleAssessment

$50,917 *

MarketMultiple

$86,006 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

R E Petty Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for R E Petty Unit
from Dec 2011 to Jan 2026

Wells on R E Petty Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-497-37253R E PETTY UNIT 3HBKV North Texas, LLCProducingWise County, TX33.247273-97.704816
42-497-37254R E PETTY UNIT 4HBKV North Texas, LLCProducingWise County, TX33.247252-97.705088
42-497-37255R E PETTY UNIT 5HBKV North Texas, LLCProducingWise County, TX33.247236-97.704817
42-497-37256R E PETTY UNIT 6HBKV North Texas, LLCProducingWise County, TX33.247248-97.705013
42-497-37257R E PETTY UNIT 7HBKV North Texas, LLCProducingWise County, TX33.247207-97.705010
42-497-37258R E PETTY UNIT 8HBKV North Texas, LLCProducingWise County, TX33.247190-97.704818

Leases included in R E Petty Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
09-263895R E PETTY UNIT 3HBKV North Texas, LLCWise County, TX
09-263896R E PETTY UNIT 5HBKV North Texas, LLCWise County, TX
09-263898R E PETTY UNIT 8HBKV North Texas, LLCWise County, TX
09-269873R E PETTY UNIT 4HBKV North Texas, LLCWise County, TX
09-269904R E PETTY UNIT 7HBKV North Texas, LLCWise County, TX
09-269940R E PETTY UNIT 6HBKV North Texas, LLCWise County, TX

Nearby Properties

These are the closest 20 properties to the R E Petty Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alexander W. RWise County, TX46 BBLs12,324 MCFJan 2026
BeamanWise County, TX0 BBLs5,033 MCFJan 2026
BoulwareWise County, TX76 BBLs6,241 MCFJan 2026
BurressWise County, TX86 BBLs22,970 MCFJan 2026
Carr J. HWise County, TX0 BBLs143 MCFJan 2026
Columbia-Johnson UnitWise County, TX153 BBLs10,082 MCFJan 2026
CourseyWise County, TX0 BBLs3,318 MCFJan 2026
Coursey Unit (Alloc) 3HWise County, TX0 BBLs10,501 MCFJan 2026
Etta Burress (Wise County, TX65 BBLs18,371 MCFJan 2026
Giles J. EWise County, TX0 BBLs647 MCFJan 2026
GreenWise County, TX55 BBLs9,096 MCFJan 2026
Green BWise County, TX0 BBLs8,648 MCFJan 2026
Marion GreenWise County, TX0 BBLs3,947 MCFJan 2026
MolloyWise County, TX59 BBLs14,669 MCFJan 2026
Palmer J. WWise County, TX0 BBLs143 MCFJan 2026
Reddell MWise County, TX0 BBLs853 MCFJan 2026
Smith ErnestWise County, TX0 BBLs6,660 MCFJan 2026
Waters Mary CWise County, TX0 BBLs0 MCFAug 2025
Whatley UnitWise County, TX0 BBLs340 MCFJan 2026
YeattsWise County, TX0 BBLs5,165 MCFJan 2026

Frac'ing activity on R E Petty Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-497-37254R E Petty Unit 4H
42-497-37256R E Petty Unit 6H
42-497-37257E Petty Unit 7H
42-497-37258Forest Park B 1H
42-497-37258Forest Park B 1H

Owners of R E Petty Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025BKV NORTH TEXAS LLCR E PETTY UNIT #8HBKV NORTH TEXA
2025BKV NORTH TEXAS LLCR E PETTY UNIT #3HBKV NORTH TEXA
2025BKV NORTH TEXAS LLCR E PETTY UNIT #6HBKV NORTH TEXA
2025BKV NORTH TEXAS LLCR E PETTY UNIT #4HBKV NORTH TEXA
2025BKV NORTH TEXAS LLCR E PETTY UNIT #7HBKV NORTH TEXA
2025CONNALLY SUSAN PETTYR E PETTY UNIT #8HBKV NORTH TEXA
2025TERRELL MADGE TRUSTR E PETTY UNIT #8HBKV NORTH TEXA
2025CONNALLY SUSAN PETTYR E PETTY UNIT #3HBKV NORTH TEXA
Displaying 8 of 564 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on R E Petty Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
09-263895R E PETTY UNIT 3HNov 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-263895R E PETTY UNIT 3HNov 2025BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-263896R E PETTY UNIT 5HNov 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-263896R E PETTY UNIT 5HNov 2025BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-263898R E PETTY UNIT 8HNov 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-263898R E PETTY UNIT 8HNov 2025BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-269873R E PETTY UNIT 4HNov 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-269873R E PETTY UNIT 4HNov 2025BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-269904R E PETTY UNIT 7HNov 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-269904R E PETTY UNIT 7HNov 2025BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-269940R E PETTY UNIT 6HNov 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-269940R E PETTY UNIT 6HNov 2025BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-263895R E PETTY UNIT 3HOct 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-263895R E PETTY UNIT 3HOct 2025BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-263896R E PETTY UNIT 5HOct 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-263896R E PETTY UNIT 5HOct 2025BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-263898R E PETTY UNIT 8HOct 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-263898R E PETTY UNIT 8HOct 2025BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-269873R E PETTY UNIT 4HOct 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-269873R E PETTY UNIT 4HOct 2025BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-269904R E PETTY UNIT 7HOct 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-269904R E PETTY UNIT 7HOct 2025BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-269940R E PETTY UNIT 6HOct 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-269940R E PETTY UNIT 6HOct 2025BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-263895R E PETTY UNIT 3HSep 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC