MALLETT UNIT
MALLETT UNIT is a Texas gas lease in Grimes County, Railroad Commission district 03, operated by Cashco Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,184,598 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 $771K, with roughly $144K 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 3,595 thousand cubic feet a month. Its strongest month on the record we hold was September 2018, at 5,308 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 MALLETT UNIT
- Who operates MALLETT UNIT?
- MALLETT UNIT is operated by Cashco Oil Company, Railroad Commission of Texas operator number 139582.
- Where is MALLETT UNIT?
- MALLETT UNIT is a Texas gas lease in Grimes County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 088290.
- Is MALLETT UNIT still producing?
- MALLETT UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MALLETT UNIT is August 2026.
- How much has MALLETT UNIT produced?
- MALLETT UNIT has reported 1,184,598 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MALLETT UNIT worth?
- The remaining production from MALLETT UNIT is estimated to be worth about $771K in total as of 26 August 2026, within a range of $640K to $902K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MALLETT UNIT is a fraction of it. The estimate fits an Arps decline curve to the production MALLETT UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MALLETT UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does MALLETT UNIT generate in a year?
- MALLETT UNIT is forecast to net about $144K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MALLETT UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cashco Oil Company |
|---|---|
| Field | Iola (Sub-Clarksville) |
| County | Grimes County, Texas |
| RRC district | 03 |
| Lease number | 088290 |
| Wellbores | 1 |
| Reported production | 1,184,598 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $771K |
Where MALLETT 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.