SPIKES GAS UNIT NO. 1
SPIKES GAS UNIT NO. 1 is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Mustang Drilling, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from November 2004 to August 2026, totalling 748,394 thousand cubic feet. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $592, with roughly $75 expected over the next twelve months.
| Operator | Mustang Drilling, Ltd. |
|---|---|
| Field | Minden (Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 206347 |
| Wellbores | 1 |
| Reported production | 748,394 mcf |
| First reported | November 2004 |
| Last reported | August 2026 |
| Estimated royalty value | $592 |
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.