MADOLE, A. D., GAS UNIT

MADOLE, A. D., GAS UNIT is a Texas gas lease in Madison County, Railroad Commission district 03, operated by Faulconer, Vernon E., Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,261,578 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $12K, with roughly $2K expected over the next twelve months.

OperatorFaulconer, Vernon E., Inc.
FieldMadisonville (Sub-Clark, Gas)
CountyMadison County, Texas
RRC district03
Lease number007100
Wellbores1
Reported production1,261,578 mcf
First reportedJanuary 1993
Last reportedAugust 2026
Estimated royalty value$12K

Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.