R E Petty Unit

Oil & Gas Property in Wise County, TX

  2. Texas
  3. Wise County, TX
  4. Oil & Gas Properties in Wise County, TX
  5. R E Petty Unit Oil & Gas Property

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Property Summary

Key data points for R E Petty Unit

CountyWise County, TX
OperatorBKV NORTH TEXAS, LLC
Production DatesDec 2011 - Jun 2025
Total Oil Production19,156 BBLs
Total Gas Production6,773,934 MCF
Recent Oil Production0 BBLs in May 2025
Recent Gas Production17,774 MCF in May 2025
Wells on Property6

Our Valuation Estimates for R E Petty Unit

ShaleAssessment™

$55,300 *

MarketMultiple™

$81,153 **

* 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 Jun 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 BBLs12,769 MCFJun 2025
BeamanWise County, TX63 BBLs5,308 MCFJun 2025
BoulwareWise County, TX12 BBLs5,002 MCFJun 2025
BurressWise County, TX171 BBLs24,377 MCFJun 2025
Carr J. HWise County, TX0 BBLs166 MCFJun 2025
Cato Unit 1HWise County, TX0 BBLs7,341 MCFJun 2025
Columbia-Johnson UnitWise County, TX61 BBLs0 MCFJun 2025
CourseyWise County, TX0 BBLs1,655 MCFJun 2025
Etta Burress (Wise County, TX90 BBLs22,141 MCFJun 2025
Giles J. EWise County, TX0 BBLs624 MCFJun 2025
GreenWise County, TX81 BBLs10,095 MCFJun 2025
Green BWise County, TX0 BBLs2,422 MCFJun 2025
Marion GreenWise County, TX0 BBLs0 MCFJun 2025
MolloyWise County, TX70 BBLs16,281 MCFJun 2025
Palmer J. WWise County, TX0 BBLs81 MCFJun 2025
Reddell MWise County, TX0 BBLs295 MCFJun 2025
Smith ErnestWise County, TX0 BBLs7,359 MCFJun 2025
Waters (Allocation)Wise County, TX0 BBLs9,230 MCFJun 2025
Waters Mary CWise County, TX0 BBLs0 MCFDec 2024
Whatley UnitWise County, TX6 BBLs3,035 MCFJun 2025

Companies in the Area

These are the closest 20 companies operating near the R E Petty Unit property.

Company Name
Aruba Petroleum, Inc.
Basic Energy Services, L.P.
BKV Barnett, LLC
Cooper Oil & Gas, LLC
Devon Energy Production Company LP
Eagleridge Operating, LLC
Echo Production Inc
Felderhoff Production Company
McCutchin Petroleum Corporation
Mitchell Energy Corp
Mote Resources, Inc.
Republic Energy Inc.
Richey, Ray Management Co., Inc.
Sabre Operating, Inc.
Scout Energy Management LLC
Tema Oil And Gas Company
Texxol Operating Company, Inc.
Upham Oil & Gas Company
Upp Operating, LLC
Waggoner-Baldridge Oper. Co, Inc

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