MATHEWS
MATHEWS is a Texas gas lease in Foard County, Railroad Commission district 09, operated by MB Exploration, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2007 to August 2026, totalling 36,561 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 $10K, with roughly $1K 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 35 thousand cubic feet a month. Its strongest month on the record we hold was January 2018, at 153 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 MATHEWS
- Who operates MATHEWS?
- MATHEWS is operated by MB Exploration, LLC, Railroad Commission of Texas operator number 517758.
- Where is MATHEWS?
- MATHEWS is a Texas gas lease in Foard County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 229778.
- Is MATHEWS still producing?
- MATHEWS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MATHEWS is August 2026.
- How much has MATHEWS produced?
- MATHEWS has reported 36,561 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2007 and August 2026, from 1 wellbore.
- How much is MATHEWS worth?
- The remaining production from MATHEWS is estimated to be worth about $10K in total as of 26 August 2026, within a range of $5K to $14K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MATHEWS is a fraction of it. The estimate fits an Arps decline curve to the production MATHEWS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MATHEWS is an estimate of value, not an offer and not an appraisal.
- How much income does MATHEWS generate in a year?
- MATHEWS is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MATHEWS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | MB Exploration, LLC |
|---|---|
| Field | Thalia (Wichita Falls) |
| County | Foard County, Texas |
| RRC district | 09 |
| Lease number | 229778 |
| Wellbores | 1 |
| Reported production | 36,561 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $10K |
Where MATHEWS 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.