MCRAE, L. DEUSSEN
MCRAE, L. DEUSSEN is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Mitchell Energy Corporation. It has 1 wellbore on file with the Commission. Reported production runs from May 2000 to August 2026, totalling 502,746 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 $57K, with roughly $9K 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 374 thousand cubic feet a month. Its strongest month on the record we hold was November 2019, at 3,318 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 MCRAE, L. DEUSSEN
- Who operates MCRAE, L. DEUSSEN?
- MCRAE, L. DEUSSEN is operated by Mitchell Energy Corporation, Railroad Commission of Texas operator number 570655.
- Where is MCRAE, L. DEUSSEN?
- MCRAE, L. DEUSSEN is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 178409.
- Is MCRAE, L. DEUSSEN still producing?
- MCRAE, L. DEUSSEN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCRAE, L. DEUSSEN is August 2026.
- How much has MCRAE, L. DEUSSEN produced?
- MCRAE, L. DEUSSEN has reported 502,746 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2000 and August 2026, from 1 wellbore.
- How much is MCRAE, L. DEUSSEN worth?
- The remaining production from MCRAE, L. DEUSSEN is estimated to be worth about $57K in total as of 26 August 2026, within a range of $44K to $70K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCRAE, L. DEUSSEN is a fraction of it. The estimate fits an Arps decline curve to the production MCRAE, L. DEUSSEN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCRAE, L. DEUSSEN is an estimate of value, not an offer and not an appraisal.
- How much income does MCRAE, L. DEUSSEN generate in a year?
- MCRAE, L. DEUSSEN is forecast to net about $9K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCRAE, L. DEUSSEN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mitchell Energy Corporation |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 178409 |
| Wellbores | 1 |
| Reported production | 502,746 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $57K |
Where MCRAE, L. DEUSSEN 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.