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 - Mar 2026
Total Oil Production19,449 BBLs
Total Gas Production6,945,645 MCF
Recent Oil Production0 BBLs in Feb 2026
Recent Gas Production18,074 MCF in Feb 2026
Wells on Property6

Our Valuation Estimates for R E Petty Unit

ShaleAssessment

$49,908 *

MarketMultiple

$103,240 **

* 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 Mar 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 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, TX16 BBLs10,184 MCFMar 2026
BeamanWise County, TX0 BBLs4,042 MCFFeb 2026
BoulwareWise County, TX0 BBLs6,127 MCFMar 2026
BurressWise County, TX167 BBLs21,016 MCFMar 2026
Carr J. HWise County, TX0 BBLs136 MCFMar 2026
Columbia-Johnson UnitWise County, TX80 BBLs9,882 MCFMar 2026
CourseyWise County, TX0 BBLs2,921 MCFFeb 2026
Etta Burress (Wise County, TX42 BBLs21,411 MCFMar 2026
Giles J. EWise County, TX0 BBLs556 MCFMar 2026
GreenWise County, TX102 BBLs8,453 MCFFeb 2026
Green BWise County, TX0 BBLs7,370 MCFMar 2026
Marion GreenWise County, TX0 BBLs3,146 MCFMar 2026
MolloyWise County, TX0 BBLs14,543 MCFMar 2026
Palmer J. WWise County, TX0 BBLs144 MCFMar 2026
Reddell MWise County, TX0 BBLs733 MCFMar 2026
Smith ErnestWise County, TX17 BBLs4,984 MCFMar 2026
Stockton, Richard LWise County, TX0 BBLs48 MCFMar 2026
Waters Mary CWise County, TX0 BBLs0 MCFAug 2025
Waters, C. JWise County, TX0 BBLs141 MCFMar 2026
Whatley UnitWise County, TX0 BBLs333 MCFMar 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
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 3HFeb 2026CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-263895R E PETTY UNIT 3HFeb 2026BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-263896R E PETTY UNIT 5HFeb 2026CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-263896R E PETTY UNIT 5HFeb 2026BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-263898R E PETTY UNIT 8HFeb 2026CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-263898R E PETTY UNIT 8HFeb 2026BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-269873R E PETTY UNIT 4HFeb 2026CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-269873R E PETTY UNIT 4HFeb 2026BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-269904R E PETTY UNIT 7HFeb 2026CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-269904R E PETTY UNIT 7HFeb 2026BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-269940R E PETTY UNIT 6HFeb 2026CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-269940R E PETTY UNIT 6HFeb 2026BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-263895R E PETTY UNIT 3HJan 2026CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-263895R E PETTY UNIT 3HJan 2026BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-263896R E PETTY UNIT 5HJan 2026CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-263896R E PETTY UNIT 5HJan 2026BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-263898R E PETTY UNIT 8HJan 2026CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-263898R E PETTY UNIT 8HJan 2026BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-269873R E PETTY UNIT 4HJan 2026CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-269873R E PETTY UNIT 4HJan 2026BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-269904R E PETTY UNIT 7HJan 2026CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-269904R E PETTY UNIT 7HJan 2026BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-269940R E PETTY UNIT 6HJan 2026CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-269940R E PETTY UNIT 6HJan 2026BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-263895R E PETTY UNIT 3HDec 2025CONCORD ENERGY LLCBKV NORTH TEXAS, LLC