REED MITCHELL UNIT
REED MITCHELL UNIT is a Texas gas lease in Tarrant County, Railroad Commission district 09, operated by Legend Natural Gas Iv, Lp. It has 1 wellbore on file with the Commission. Reported production runs from February 2012 to August 2026, totalling 2,423,991 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 $16K, with roughly $2K expected over the next twelve months.
| Operator | Legend Natural Gas Iv, Lp |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Tarrant County, Texas |
| RRC district | 09 |
| Lease number | 265503 |
| Wellbores | 1 |
| Reported production | 2,423,991 mcf |
| First reported | February 2012 |
| Last reported | August 2026 |
| Estimated royalty value | $16K |
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.