COSTELLO-MITCHELL UNIT 3
COSTELLO-MITCHELL UNIT 3 is a Texas oil lease in Palo Pinto County, Railroad Commission district 7B, operated by Talon Production, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 1994 to August 2026, totalling 14,137 barrels. 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 $107, with roughly $20 expected over the next twelve months.
| Operator | Talon Production, Inc. |
|---|---|
| Field | Palo Pinto County Regular |
| County | Palo Pinto County, Texas |
| RRC district | 7B |
| Lease number | 27411 |
| Wellbores | 1 |
| Reported production | 14,137 bbl |
| First reported | December 1994 |
| Last reported | August 2026 |
| Estimated royalty value | $107 |
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.