CHERRYHOMES, MIKE
CHERRYHOMES, MIKE is a Texas gas lease in Jack County, Railroad Commission district 09, operated by Dte Gas Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2006 to August 2026, totalling 304,308 thousand cubic feet. The lease is intermittent. 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 $44K, with roughly $8K 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 18 thousand cubic feet a month. Its strongest month on the record we hold was April 2026, at 218 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 CHERRYHOMES, MIKE
- Who operates CHERRYHOMES, MIKE?
- CHERRYHOMES, MIKE is operated by Dte Gas Resources, Inc., Railroad Commission of Texas operator number 229351.
- Where is CHERRYHOMES, MIKE?
- CHERRYHOMES, MIKE is a Texas gas lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 224934.
- Is CHERRYHOMES, MIKE still producing?
- CHERRYHOMES, MIKE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for CHERRYHOMES, MIKE is August 2026.
- How much has CHERRYHOMES, MIKE produced?
- CHERRYHOMES, MIKE has reported 304,308 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2006 and August 2026, from 1 wellbore.
- How much is CHERRYHOMES, MIKE worth?
- The remaining production from CHERRYHOMES, MIKE is estimated to be worth about $44K in total as of 26 August 2026, within a range of $24K to $63K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHERRYHOMES, MIKE is a fraction of it. The estimate fits an Arps decline curve to the production CHERRYHOMES, MIKE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHERRYHOMES, MIKE is an estimate of value, not an offer and not an appraisal.
- How much income does CHERRYHOMES, MIKE generate in a year?
- CHERRYHOMES, MIKE is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CHERRYHOMES, MIKE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Dte Gas Resources, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 224934 |
| Wellbores | 1 |
| Reported production | 304,308 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $44K |
Where CHERRYHOMES, MIKE 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.