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 - Apr 2025
Total Oil Production19,156 BBLs
Total Gas Production6,734,447 MCF
Recent Oil Production36 BBLs in Mar 2025
Recent Gas Production16,491 MCF in Mar 2025
Wells on Property6

Our Valuation Estimates for R E Petty Unit

ShaleAssessment

$56,512 *

MarketMultiple

$75,012 **

* 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 Apr 2025

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, TX0 BBLs12,423 MCFApr 2025
BeamanWise County, TX6 BBLs5,658 MCFMar 2025
BoulwareWise County, TX85 BBLs6,849 MCFApr 2025
BurressWise County, TX243 BBLs25,029 MCFApr 2025
Carr J. HWise County, TX0 BBLs167 MCFApr 2025
Cato Unit 1HWise County, TX70 BBLs7,323 MCFMar 2025
Columbia-Johnson UnitWise County, TX163 BBLs11,770 MCFApr 2025
CourseyWise County, TX0 BBLs3,812 MCFMar 2025
Etta Burress (Wise County, TX247 BBLs22,802 MCFApr 2025
Giles J. EWise County, TX0 BBLs614 MCFApr 2025
GreenWise County, TX103 BBLs10,038 MCFApr 2025
Green BWise County, TX0 BBLs7,319 MCFApr 2025
Marion GreenWise County, TX0 BBLs3,395 MCFApr 2025
MolloyWise County, TX9 BBLs16,293 MCFApr 2025
Palmer J. WWise County, TX0 BBLs267 MCFApr 2025
Reddell MWise County, TX4 BBLs1,358 MCFApr 2025
Smith ErnestWise County, TX50 BBLs7,706 MCFApr 2025
Waters (Allocation)Wise County, TX0 BBLs9,361 MCFApr 2025
Waters Mary CWise County, TX0 BBLs0 MCFDec 2024
YeattsWise County, TX30 BBLs5,333 MCFApr 2025

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
2024BKV NORTH TEXAS LLCR E PETTY UNIT #8HBKV NORTH TEXA
2024BKV NORTH TEXAS LLCR E PETTY UNIT #3HBKV NORTH TEXA
2024BKV NORTH TEXAS LLCR E PETTY UNIT #7HBKV NORTH TEXA
2024BKV NORTH TEXAS LLCR E PETTY UNIT #4HBKV NORTH TEXA
2024BKV NORTH TEXAS LLCR E PETTY UNIT #6HBKV NORTH TEXA
2024BKV NORTH TEXAS LLCR E PETTY UNIT #5HBKV NORTH TEXA
2024TERRELL MADGE TRUSTR E PETTY UNIT #8HBKV NORTH TEXA
2024CONNALLY SUSAN PETTYR E PETTY UNIT #8HBKV 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 3HMar 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-263895R E PETTY UNIT 3HMar 2025BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-263898R E PETTY UNIT 8HMar 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-263898R E PETTY UNIT 8HMar 2025BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-269873R E PETTY UNIT 4HMar 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-269873R E PETTY UNIT 4HMar 2025BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-269904R E PETTY UNIT 7HMar 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-269904R E PETTY UNIT 7HMar 2025BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-269940R E PETTY UNIT 6HMar 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-269940R E PETTY UNIT 6HMar 2025BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-263895R E PETTY UNIT 3HFeb 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-263895R E PETTY UNIT 3HFeb 2025BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-263898R E PETTY UNIT 8HFeb 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-263898R E PETTY UNIT 8HFeb 2025BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-269873R E PETTY UNIT 4HFeb 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-269873R E PETTY UNIT 4HFeb 2025BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-269904R E PETTY UNIT 7HFeb 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-269904R E PETTY UNIT 7HFeb 2025BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-269940R E PETTY UNIT 6HFeb 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-269940R E PETTY UNIT 6HFeb 2025BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-263895R E PETTY UNIT 3HJan 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-263895R E PETTY UNIT 3HJan 2025BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-263896R E PETTY UNIT 5HJan 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-263896R E PETTY UNIT 5HJan 2025BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-263898R E PETTY UNIT 8HJan 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC