MITCHELL GAS UNIT III

MITCHELL GAS UNIT III is a Texas gas lease in Robertson County, Railroad Commission district 05, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2007 to August 2026, totalling 1,314,805 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 $83K, with roughly $18K 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 812 thousand cubic feet a month. Its strongest month on the record we hold was March 2023, at 7,652 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 MITCHELL GAS UNIT III

Who operates MITCHELL GAS UNIT III?
MITCHELL GAS UNIT III is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
Where is MITCHELL GAS UNIT III?
MITCHELL GAS UNIT III is a Texas gas lease in Robertson County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 229850.
Is MITCHELL GAS UNIT III still producing?
MITCHELL GAS UNIT III is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MITCHELL GAS UNIT III is August 2026.
How much has MITCHELL GAS UNIT III produced?
MITCHELL GAS UNIT III has reported 1,314,805 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2007 and August 2026, from 1 wellbore.
How much is MITCHELL GAS UNIT III worth?
The remaining production from MITCHELL GAS UNIT III is estimated to be worth about $83K in total as of 26 August 2026, within a range of $65K to $102K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MITCHELL GAS UNIT III is a fraction of it. The estimate fits an Arps decline curve to the production MITCHELL GAS UNIT III has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MITCHELL GAS UNIT III is an estimate of value, not an offer and not an appraisal.
How much income does MITCHELL GAS UNIT III generate in a year?
MITCHELL GAS UNIT III is forecast to net about $18K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MITCHELL GAS UNIT III receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MITCHELL GAS UNIT III as filed with the Railroad Commission of Texas
OperatorXto Energy Inc.
FieldBald Prairie (CV Consolidated)
CountyRobertson County, Texas
RRC district05
Lease number229850
Wellbores1
Reported production1,314,805 mcf
First reported
Last reported
Estimated royalty value$83K

Where MITCHELL GAS UNIT III 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.