MITCHELL 5B
MITCHELL 5B is a Texas gas lease in Terrell County, Railroad Commission district 7C, operated by Chevron U. S. A. Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 1995 to August 2026, totalling 596,443 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 $17K, with roughly $2K 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 December 2018, at 327 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 5B
- Who operates MITCHELL 5B?
- MITCHELL 5B is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is MITCHELL 5B?
- MITCHELL 5B is a Texas gas lease in Terrell County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 157097.
- Is MITCHELL 5B still producing?
- MITCHELL 5B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MITCHELL 5B is August 2026.
- How much has MITCHELL 5B produced?
- MITCHELL 5B has reported 596,443 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 1995 and August 2026, from 1 wellbore.
- How much is MITCHELL 5B worth?
- The remaining production from MITCHELL 5B is estimated to be worth about $17K in total as of 27 August 2026, within a range of $9K to $25K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MITCHELL 5B is a fraction of it. The estimate fits an Arps decline curve to the production MITCHELL 5B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MITCHELL 5B is an estimate of value, not an offer and not an appraisal.
- How much income does MITCHELL 5B generate in a year?
- MITCHELL 5B is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MITCHELL 5B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Pakenham (Wolfcamp) |
| County | Terrell County, Texas |
| RRC district | 7C |
| Lease number | 157097 |
| Wellbores | 1 |
| Reported production | 596,443 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $17K |
Where MITCHELL 5B 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.