PIRKLE, LORENE
PIRKLE, LORENE is a Texas gas lease in Denton County, Railroad Commission district 09, operated by Mitchell Energy Company L.P. It has 1 wellbore on file with the Commission. Reported production runs from November 2001 to August 2026, totalling 1,002,850 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 $112K, 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 816 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 2,053 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 PIRKLE, LORENE
- Who operates PIRKLE, LORENE?
- PIRKLE, LORENE is operated by Mitchell Energy Company L.P., Railroad Commission of Texas operator number 570653.
- Where is PIRKLE, LORENE?
- PIRKLE, LORENE is a Texas gas lease in Denton County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 187062.
- Is PIRKLE, LORENE still producing?
- PIRKLE, LORENE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PIRKLE, LORENE is August 2026.
- How much has PIRKLE, LORENE produced?
- PIRKLE, LORENE has reported 1,002,850 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2001 and August 2026, from 1 wellbore.
- How much is PIRKLE, LORENE worth?
- The remaining production from PIRKLE, LORENE is estimated to be worth about $112K in total as of 26 August 2026, within a range of $87K to $136K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PIRKLE, LORENE is a fraction of it. The estimate fits an Arps decline curve to the production PIRKLE, LORENE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PIRKLE, LORENE is an estimate of value, not an offer and not an appraisal.
- How much income does PIRKLE, LORENE generate in a year?
- PIRKLE, LORENE 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 PIRKLE, LORENE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mitchell Energy Company L.P. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Denton County, Texas |
| RRC district | 09 |
| Lease number | 187062 |
| Wellbores | 1 |
| Reported production | 1,002,850 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $112K |
Where PIRKLE, LORENE 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.