CROFT, M. V.
CROFT, M. V. is a Texas gas lease in Limestone County, Railroad Commission district 05, operated by Mitchell Energy Company L.P. It has 1 wellbore on file with the Commission. Reported production runs from August 2000 to August 2026, totalling 1,301,559 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 $164K, with roughly $25K 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 1,305 thousand cubic feet a month. Its strongest month on the record we hold was April 2018, at 2,348 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 CROFT, M. V.
- Who operates CROFT, M. V.?
- CROFT, M. V. is operated by Mitchell Energy Company L.P., Railroad Commission of Texas operator number 570653.
- Where is CROFT, M. V.?
- CROFT, M. V. is a Texas gas lease in Limestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 180148.
- Is CROFT, M. V. still producing?
- CROFT, M. V. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CROFT, M. V. is August 2026.
- How much has CROFT, M. V. produced?
- CROFT, M. V. has reported 1,301,559 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2000 and August 2026, from 1 wellbore.
- How much is CROFT, M. V. worth?
- The remaining production from CROFT, M. V. is estimated to be worth about $164K in total as of 26 August 2026, within a range of $136K to $192K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CROFT, M. V. is a fraction of it. The estimate fits an Arps decline curve to the production CROFT, M. V. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CROFT, M. V. is an estimate of value, not an offer and not an appraisal.
- How much income does CROFT, M. V. generate in a year?
- CROFT, M. V. is forecast to net about $25K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CROFT, M. V. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mitchell Energy Company L.P. |
|---|---|
| Field | Personville, N (CV Consolidated) |
| County | Limestone County, Texas |
| RRC district | 05 |
| Lease number | 180148 |
| Wellbores | 1 |
| Reported production | 1,301,559 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $164K |
Where CROFT, M. V. 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.