SMITH, ETHEL
SMITH, ETHEL is a Texas gas lease in Hutchinson County, Railroad Commission district 10, operated by Mustang Oil & Gas Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 217,448 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 $89K, with roughly $16K 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 376 thousand cubic feet a month. Its strongest month on the record we hold was July 2019, at 2,690 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 SMITH, ETHEL
- Who operates SMITH, ETHEL?
- SMITH, ETHEL is operated by Mustang Oil & Gas Corporation, Railroad Commission of Texas operator number 596926.
- Where is SMITH, ETHEL?
- SMITH, ETHEL is a Texas gas lease in Hutchinson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 023819.
- Is SMITH, ETHEL still producing?
- SMITH, ETHEL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SMITH, ETHEL is August 2026.
- How much has SMITH, ETHEL produced?
- SMITH, ETHEL has reported 217,448 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is SMITH, ETHEL worth?
- The remaining production from SMITH, ETHEL is estimated to be worth about $89K in total as of 26 August 2026, within a range of $69K to $108K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMITH, ETHEL is a fraction of it. The estimate fits an Arps decline curve to the production SMITH, ETHEL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SMITH, ETHEL is an estimate of value, not an offer and not an appraisal.
- How much income does SMITH, ETHEL generate in a year?
- SMITH, ETHEL is forecast to net about $16K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SMITH, ETHEL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mustang Oil & Gas Corporation |
|---|---|
| Field | Panhandle, West |
| County | Hutchinson County, Texas |
| RRC district | 10 |
| Lease number | 023819 |
| Wellbores | 1 |
| Reported production | 217,448 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $89K |
Where SMITH, ETHEL 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.