MITCHELL
MITCHELL is a Texas gas lease in Palo Pinto County, Railroad Commission district 7B, operated by Eratz Investments Inc. It has 1 wellbore on file with the Commission. Reported production runs from November 1995 to August 2026, totalling 184,450 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 $11K, with roughly $1K 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 60 thousand cubic feet a month. Its strongest month on the record we hold was September 2016, at 147 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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
- Who operates MITCHELL?
- MITCHELL is operated by Eratz Investments Inc., Railroad Commission of Texas operator number 253336.
- Where is MITCHELL?
- MITCHELL is a Texas gas lease in Palo Pinto County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 158425.
- Is MITCHELL still producing?
- MITCHELL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MITCHELL is August 2026.
- How much has MITCHELL produced?
- MITCHELL has reported 184,450 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 1995 and August 2026, from 1 wellbore.
- How much is MITCHELL worth?
- The remaining production from MITCHELL is estimated to be worth about $11K in total as of 26 August 2026, within a range of $6K to $16K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MITCHELL is a fraction of it. The estimate fits an Arps decline curve to the production MITCHELL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MITCHELL is an estimate of value, not an offer and not an appraisal.
- How much income does MITCHELL generate in a year?
- MITCHELL is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MITCHELL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eratz Investments Inc. |
|---|---|
| Field | Palo Pinto Co. Reg. (Gas) |
| County | Palo Pinto County, Texas |
| RRC district | 7B |
| Lease number | 158425 |
| Wellbores | 1 |
| Reported production | 184,450 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $11K |
Where MITCHELL 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.