MITCHELL, GERALD
MITCHELL, GERALD is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Thompson, J. Cleo. It has 1 wellbore on file with the Commission. Reported production runs from October 2002 to August 2026, totalling 350,292 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 $99K, with roughly $18K 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 772 thousand cubic feet a month. Its strongest month on the record we hold was March 2021, at 1,238 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 MITCHELL, GERALD
- Who operates MITCHELL, GERALD?
- MITCHELL, GERALD is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
- Where is MITCHELL, GERALD?
- MITCHELL, GERALD is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 193320.
- Is MITCHELL, GERALD still producing?
- MITCHELL, GERALD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MITCHELL, GERALD is August 2026.
- How much has MITCHELL, GERALD produced?
- MITCHELL, GERALD has reported 350,292 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2002 and August 2026, from 1 wellbore.
- How much is MITCHELL, GERALD worth?
- The remaining production from MITCHELL, GERALD is estimated to be worth about $99K in total as of 26 August 2026, within a range of $78K to $121K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MITCHELL, GERALD is a fraction of it. The estimate fits an Arps decline curve to the production MITCHELL, GERALD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MITCHELL, GERALD is an estimate of value, not an offer and not an appraisal.
- How much income does MITCHELL, GERALD generate in a year?
- MITCHELL, GERALD is forecast to net about $18K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MITCHELL, GERALD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thompson, J. Cleo |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 193320 |
| Wellbores | 1 |
| Reported production | 350,292 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $99K |
Where MITCHELL, GERALD 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.