GRAHAM-SHOOP
GRAHAM-SHOOP is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Mitchell Energy Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 2,880,795 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 $283K, with roughly $43K 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 2,009 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 4,334 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 GRAHAM-SHOOP
- Who operates GRAHAM-SHOOP?
- GRAHAM-SHOOP is operated by Mitchell Energy Corporation, Railroad Commission of Texas operator number 570655.
- Where is GRAHAM-SHOOP?
- GRAHAM-SHOOP is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 136978.
- Is GRAHAM-SHOOP still producing?
- GRAHAM-SHOOP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GRAHAM-SHOOP is August 2026.
- How much has GRAHAM-SHOOP produced?
- GRAHAM-SHOOP has reported 2,880,795 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GRAHAM-SHOOP worth?
- The remaining production from GRAHAM-SHOOP is estimated to be worth about $283K in total as of 26 August 2026, within a range of $235K to $331K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GRAHAM-SHOOP is a fraction of it. The estimate fits an Arps decline curve to the production GRAHAM-SHOOP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GRAHAM-SHOOP is an estimate of value, not an offer and not an appraisal.
- How much income does GRAHAM-SHOOP generate in a year?
- GRAHAM-SHOOP is forecast to net about $43K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GRAHAM-SHOOP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mitchell Energy Corporation |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 136978 |
| Wellbores | 1 |
| Reported production | 2,880,795 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $283K |
Where GRAHAM-SHOOP 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.