MATHEWS, VIRGIL 79
MATHEWS, VIRGIL 79 is a Texas gas lease in Hutchinson County, Railroad Commission district 10, operated by Maxus Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 581,068 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 $67K, with roughly $10K 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 445 thousand cubic feet a month. Its strongest month on the record we hold was October 2017, at 1,135 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 MATHEWS, VIRGIL 79
- Who operates MATHEWS, VIRGIL 79?
- MATHEWS, VIRGIL 79 is operated by Maxus Exploration Company, Railroad Commission of Texas operator number 534237.
- Where is MATHEWS, VIRGIL 79?
- MATHEWS, VIRGIL 79 is a Texas gas lease in Hutchinson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 028433.
- Is MATHEWS, VIRGIL 79 still producing?
- MATHEWS, VIRGIL 79 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MATHEWS, VIRGIL 79 is August 2026.
- How much has MATHEWS, VIRGIL 79 produced?
- MATHEWS, VIRGIL 79 has reported 581,068 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MATHEWS, VIRGIL 79 worth?
- The remaining production from MATHEWS, VIRGIL 79 is estimated to be worth about $67K in total as of 27 August 2026, within a range of $52K to $82K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MATHEWS, VIRGIL 79 is a fraction of it. The estimate fits an Arps decline curve to the production MATHEWS, VIRGIL 79 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MATHEWS, VIRGIL 79 is an estimate of value, not an offer and not an appraisal.
- How much income does MATHEWS, VIRGIL 79 generate in a year?
- MATHEWS, VIRGIL 79 is forecast to net about $10K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MATHEWS, VIRGIL 79 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Maxus Exploration Company |
|---|---|
| Field | Hansford (Morrow, Lower) |
| County | Hutchinson County, Texas |
| RRC district | 10 |
| Lease number | 028433 |
| Wellbores | 1 |
| Reported production | 581,068 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $67K |
Where MATHEWS, VIRGIL 79 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.