MITCHELL STATE UNIT
MITCHELL STATE UNIT is a Texas gas lease in Culberson County, Railroad Commission district 08, operated by Cog Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2014 to August 2026, totalling 2,648,018 thousand cubic feet. The lease is intermittent. 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 $628K, with roughly $223K 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 2,807 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 28,860 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 MITCHELL STATE UNIT
- Who operates MITCHELL STATE UNIT?
- MITCHELL STATE UNIT is operated by Cog Operating LLC, Railroad Commission of Texas operator number 166150.
- Where is MITCHELL STATE UNIT?
- MITCHELL STATE UNIT is a Texas gas lease in Culberson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 277893.
- Is MITCHELL STATE UNIT still producing?
- MITCHELL STATE UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MITCHELL STATE UNIT is August 2026.
- How much has MITCHELL STATE UNIT produced?
- MITCHELL STATE UNIT has reported 2,648,018 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2014 and August 2026, from 1 wellbore.
- How much is MITCHELL STATE UNIT worth?
- The remaining production from MITCHELL STATE UNIT is estimated to be worth about $628K in total as of 26 August 2026, within a range of $521K to $735K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MITCHELL STATE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MITCHELL STATE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MITCHELL STATE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MITCHELL STATE UNIT generate in a year?
- MITCHELL STATE UNIT is forecast to net about $223K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MITCHELL STATE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cog Operating LLC |
|---|---|
| Field | Ford, West (Wolfcamp) |
| County | Culberson County, Texas |
| RRC district | 08 |
| Lease number | 277893 |
| Wellbores | 1 |
| Reported production | 2,648,018 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $628K |
Where MITCHELL STATE UNIT 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.