MITCHELL, RUFUS
MITCHELL, RUFUS is a Texas oil lease in Harrison County, Railroad Commission district 06, operated by Bowles Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2008 to August 2026, totalling 18,541 barrels. 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 $634K, with roughly $115K 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 135 barrels a month. Its strongest month on the record we hold was July 2018, at 300 barrels. 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, RUFUS
- Who operates MITCHELL, RUFUS?
- MITCHELL, RUFUS is operated by Bowles Energy, Inc., Railroad Commission of Texas operator number 084097.
- Where is MITCHELL, RUFUS?
- MITCHELL, RUFUS is a Texas oil lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 14778.
- Is MITCHELL, RUFUS still producing?
- MITCHELL, RUFUS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MITCHELL, RUFUS is August 2026.
- How much has MITCHELL, RUFUS produced?
- MITCHELL, RUFUS has reported 18,541 barrels of oil (bbl) to the Railroad Commission of Texas between March 2008 and August 2026, from 1 wellbore.
- How much is MITCHELL, RUFUS worth?
- The remaining production from MITCHELL, RUFUS is estimated to be worth about $634K in total as of 26 August 2026, within a range of $494K to $773K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MITCHELL, RUFUS is a fraction of it. The estimate fits an Arps decline curve to the production MITCHELL, RUFUS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MITCHELL, RUFUS is an estimate of value, not an offer and not an appraisal.
- How much income does MITCHELL, RUFUS generate in a year?
- MITCHELL, RUFUS is forecast to net about $115K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MITCHELL, RUFUS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bowles Energy, Inc. |
|---|---|
| Field | Bethany (Travis Peak Cons.) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 14778 |
| Wellbores | 1 |
| Reported production | 18,541 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $634K |
Where MITCHELL, RUFUS 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.