R E Petty Unit

Oil & Gas Property in Wise County, TX

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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 2026
Total Oil Production19,510 BBLs
Total Gas Production7,011,046 MCF
Recent Oil Production0 BBLs in May 2026
Recent Gas Production22,808 MCF in May 2026
Wells on Property6

Our Valuation Estimates for R E Petty Unit

ShaleAssessment

$48,332 *

MarketMultiple

$105,386 **

* 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 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, TX0 BBLs11,467 MCFJun 2026
BeamanWise County, TX0 BBLs4,801 MCFJun 2026
BoulwareWise County, TX55 BBLs6,421 MCFJun 2026
BurressWise County, TX0 BBLs22,170 MCFJun 2026
Carr, J. HWise County, TX0 BBLs155 MCFJun 2026
Columbia-Johnson UnitWise County, TX91 BBLs10,161 MCFJun 2026
CourseyWise County, TX0 BBLs1,293 MCFJun 2026
Coursey Unit (Alloc) 3HWise County, TX0 BBLs9,992 MCFJun 2026
Etta Burress (Wise County, TX25 BBLs20,841 MCFJun 2026
Giles J. EWise County, TX0 BBLs664 MCFJun 2026
GreenWise County, TX141 BBLs8,073 MCFMay 2026
Green BWise County, TX0 BBLs8,501 MCFJun 2026
Marion GreenWise County, TX0 BBLs3,386 MCFJun 2026
MolloyWise County, TX0 BBLs17,113 MCFJun 2026
Palmer J. WWise County, TX0 BBLs277 MCFJun 2026
Reddell MWise County, TX0 BBLs612 MCFJun 2026
Smith ErnestWise County, TX0 BBLs4,223 MCFJun 2026
Stockton, Richard LWise County, TX0 BBLs29 MCFMay 2026
Waters Mary CWise County, TX0 BBLs0 MCFAug 2025
Whatley UnitWise County, TX0 BBLs406 MCFJun 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
2026BKV NORTH TEXAS LLCR E PETTY UNIT #8HBKV NORTH TEXA
2026BKV NORTH TEXAS LLCR E PETTY UNIT #3HBKV NORTH TEXA
2026BKV NORTH TEXAS LLCR E PETTY UNIT #6HBKV NORTH TEXA
2026BKV NORTH TEXAS LLCR E PETTY UNIT #4HBKV NORTH TEXA
2026BKV NORTH TEXAS LLCR E PETTY UNIT #7HBKV NORTH TEXA
2026TERRELL MADGE TRUSTR E PETTY UNIT #8HBKV NORTH TEXA
2026CONNALLY SUSAN PETTYR E PETTY UNIT #8HBKV NORTH TEXA
2026TERRELL MADGE TRUSTR E PETTY UNIT #3HBKV NORTH TEXA
Displaying 8 of 636 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 3HMay 2026CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-263895R E PETTY UNIT 3HMay 2026BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-263896R E PETTY UNIT 5HMay 2026CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-263896R E PETTY UNIT 5HMay 2026BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-263898R E PETTY UNIT 8HMay 2026CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-263898R E PETTY UNIT 8HMay 2026BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-269873R E PETTY UNIT 4HMay 2026CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-269873R E PETTY UNIT 4HMay 2026BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-269904R E PETTY UNIT 7HMay 2026CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-269904R E PETTY UNIT 7HMay 2026BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-269940R E PETTY UNIT 6HMay 2026CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-269940R E PETTY UNIT 6HMay 2026BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-263895R E PETTY UNIT 3HApr 2026CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-263895R E PETTY UNIT 3HApr 2026BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-263896R E PETTY UNIT 5HApr 2026CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-263896R E PETTY UNIT 5HApr 2026BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-263898R E PETTY UNIT 8HApr 2026CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-263898R E PETTY UNIT 8HApr 2026BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-269873R E PETTY UNIT 4HApr 2026CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-269873R E PETTY UNIT 4HApr 2026BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-269904R E PETTY UNIT 7HApr 2026CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-269904R E PETTY UNIT 7HApr 2026BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-269940R E PETTY UNIT 6HApr 2026CONCORD ENERGY LLCBKV NORTH TEXAS, LLC
09-269940R E PETTY UNIT 6HApr 2026BKV NORTH TEXAS, LLCBKV NORTH TEXAS, LLC
09-263895R E PETTY UNIT 3HMar 2026CONCORD ENERGY LLCBKV NORTH TEXAS, LLC