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 - Jul 2025
Total Oil Production19,156 BBLs
Total Gas Production6,796,039 MCF
Recent Oil Production0 BBLs in Jun 2025
Recent Gas Production21,713 MCF in Jun 2025
Wells on Property6

Our Valuation Estimates for R E Petty Unit

ShaleAssessment

$54,679 *

MarketMultiple

$84,199 **

* 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 Jul 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 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 BBLs11,308 MCFJul 2025
BeamanWise County, TX0 BBLs4,611 MCFJun 2025
BurressWise County, TX0 BBLs23,598 MCFJul 2025
Carr, J. HWise County, TX0 BBLs160 MCFJul 2025
Cato Unit 1HWise County, TX0 BBLs6,701 MCFJun 2025
Columbia-Johnson UnitWise County, TX72 BBLs10,572 MCFJul 2025
CourseyWise County, TX0 BBLs4,285 MCFJun 2025
Coursey Unit (Alloc) 3HWise County, TX0 BBLs18,934 MCFJun 2025
Etta Burress (Wise County, TX0 BBLs20,904 MCFJul 2025
Giles J. EWise County, TX0 BBLs566 MCFJul 2025
GreenWise County, TX77 BBLs9,452 MCFJul 2025
Green BWise County, TX0 BBLs11,405 MCFJul 2025
Marion GreenWise County, TX0 BBLs3,295 MCFJul 2025
MolloyWise County, TX8 BBLs15,174 MCFJul 2025
Palmer J. WWise County, TX0 BBLs170 MCFJul 2025
Reddell MWise County, TX0 BBLs308 MCFJul 2025
Smith ErnestWise County, TX12 BBLs6,860 MCFJul 2025
Waters (Allocation)Wise County, TX0 BBLs8,065 MCFJul 2025
Waters Mary CWise County, TX0 BBLs0 MCFJul 2025
YeattsWise County, TX0 BBLs4,874 MCFJul 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
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
2025TERRELL MADGE TRUSTR E PETTY UNIT #8HBKV NORTH TEXA
2025CONNALLY SUSAN PETTYR E PETTY UNIT #8HBKV NORTH TEXA
2025TERRELL MADGE TRUSTR 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 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