MITCHELL 31

MITCHELL 31 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 May 1996 to August 2026, totalling 1,441,805 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 a standard royalty share at about $915, with roughly $229 expected over the next twelve months.

OperatorChevron U. S. A. Inc.
FieldPakenham (Wolfcamp)
CountyTerrell County, Texas
RRC district7C
Lease number159002
Wellbores1
Reported production1,441,805 mcf
First reportedMay 1996
Last reportedAugust 2026
Estimated royalty value$915

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.