FERGUSON GAS UNIT
FERGUSON GAS UNIT is a Texas gas lease in Limestone County, Railroad Commission district 05, operated by Mitchell Energy Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,352,967 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 $286K, with roughly $43K 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 1,910 thousand cubic feet a month. Its strongest month on the record we hold was July 2018, at 9,998 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 FERGUSON GAS UNIT
- Who operates FERGUSON GAS UNIT?
- FERGUSON GAS UNIT is operated by Mitchell Energy Corporation, Railroad Commission of Texas operator number 570655.
- Where is FERGUSON GAS UNIT?
- FERGUSON GAS UNIT is a Texas gas lease in Limestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 092883.
- Is FERGUSON GAS UNIT still producing?
- FERGUSON GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FERGUSON GAS UNIT is August 2026.
- How much has FERGUSON GAS UNIT produced?
- FERGUSON GAS UNIT has reported 1,352,967 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is FERGUSON GAS UNIT worth?
- The remaining production from FERGUSON GAS UNIT is estimated to be worth about $286K in total as of 26 August 2026, within a range of $237K to $335K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FERGUSON GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production FERGUSON GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FERGUSON GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does FERGUSON GAS UNIT generate in a year?
- FERGUSON GAS UNIT is forecast to net about $43K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FERGUSON GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mitchell Energy Corporation |
|---|---|
| Field | Personville N (Cotton Valley LM) |
| County | Limestone County, Texas |
| RRC district | 05 |
| Lease number | 092883 |
| Wellbores | 1 |
| Reported production | 1,352,967 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $286K |
Where FERGUSON GAS UNIT 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.