DURHAM, MILDRED
DURHAM, MILDRED is a Texas gas lease in Jack County, Railroad Commission district 09, operated by Merit Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from February 1999 to August 2026, totalling 572,540 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 $66K, with roughly $11K 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 455 thousand cubic feet a month. Its strongest month on the record we hold was February 2017, at 1,967 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 DURHAM, MILDRED
- Who operates DURHAM, MILDRED?
- DURHAM, MILDRED is operated by Merit Energy Company, Railroad Commission of Texas operator number 561136.
- Where is DURHAM, MILDRED?
- DURHAM, MILDRED is a Texas gas lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 172296.
- Is DURHAM, MILDRED still producing?
- DURHAM, MILDRED is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DURHAM, MILDRED is August 2026.
- How much has DURHAM, MILDRED produced?
- DURHAM, MILDRED has reported 572,540 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 1999 and August 2026, from 1 wellbore.
- How much is DURHAM, MILDRED worth?
- The remaining production from DURHAM, MILDRED is estimated to be worth about $66K in total as of 26 August 2026, within a range of $51K to $80K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DURHAM, MILDRED is a fraction of it. The estimate fits an Arps decline curve to the production DURHAM, MILDRED has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DURHAM, MILDRED is an estimate of value, not an offer and not an appraisal.
- How much income does DURHAM, MILDRED generate in a year?
- DURHAM, MILDRED is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DURHAM, MILDRED receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Merit Energy Company |
|---|---|
| Field | Morris (Consolidated Congl.) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 172296 |
| Wellbores | 1 |
| Reported production | 572,540 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $66K |
Where DURHAM, MILDRED 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.