MICHIGAN 21
MICHIGAN 21 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from March 2012 to August 2026, totalling 717,228 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 the whole lease — a 100% undivided interest — at about $4K, with roughly $699 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 3 thousand cubic feet a month. Its strongest month on the record we hold was March 2021, at 11,981 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 MICHIGAN 21
- Who operates MICHIGAN 21?
- MICHIGAN 21 is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is MICHIGAN 21?
- MICHIGAN 21 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 283807.
- Is MICHIGAN 21 still producing?
- MICHIGAN 21 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MICHIGAN 21 is August 2026.
- How much has MICHIGAN 21 produced?
- MICHIGAN 21 has reported 717,228 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2012 and August 2026, from 1 wellbore.
- How much is MICHIGAN 21 worth?
- The remaining production from MICHIGAN 21 is estimated to be worth about $4K in total as of 27 August 2026, within a range of $0 to $8K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MICHIGAN 21 is a fraction of it. The estimate fits an Arps decline curve to the production MICHIGAN 21 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MICHIGAN 21 is an estimate of value, not an offer and not an appraisal.
- How much income does MICHIGAN 21 generate in a year?
- MICHIGAN 21 is forecast to net about $699 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MICHIGAN 21 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 283807 |
| Wellbores | 1 |
| Reported production | 717,228 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where MICHIGAN 21 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.