MICHALSKY
MICHALSKY is a Texas gas lease in Fayette County, Railroad Commission district 03, operated by Gemini Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from November 1993 to August 2026, totalling 3,198,580 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 the whole lease — a 100% undivided interest — at about $216K, with roughly $53K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 378 thousand cubic feet a month. Its strongest month on the record we hold was October 2019, at 3,963 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about MICHALSKY
- Who operates MICHALSKY?
- MICHALSKY is operated by Gemini Exploration Company, Railroad Commission of Texas operator number 298891.
- Where is MICHALSKY?
- MICHALSKY is a Texas gas lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 149199.
- Is MICHALSKY still producing?
- MICHALSKY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MICHALSKY is August 2026.
- How much has MICHALSKY produced?
- MICHALSKY has reported 3,198,580 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 1993 and August 2026, from 1 wellbore.
- How much is MICHALSKY worth?
- The remaining production from MICHALSKY is estimated to be worth about $216K in total as of 26 August 2026, within a range of $168K to $263K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MICHALSKY is a fraction of it. The estimate fits an Arps decline curve to the production MICHALSKY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MICHALSKY is an estimate of value, not an offer and not an appraisal.
- How much income does MICHALSKY generate in a year?
- MICHALSKY is forecast to net about $53K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MICHALSKY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gemini Exploration Company |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 149199 |
| Wellbores | 1 |
| Reported production | 3,198,580 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $216K |
Where MICHALSKY sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.