LENAMON, L.K.
LENAMON, L.K. is a Texas gas lease in Limestone County, Railroad Commission district 05, operated by Mitchell Energy Corporation. It has 1 wellbore on file with the Commission. Reported production runs from September 1994 to August 2026, totalling 608,129 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 $78K, with roughly $15K 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 565 thousand cubic feet a month. Its strongest month on the record we hold was October 2023, at 1,121 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 LENAMON, L.K.
- Who operates LENAMON, L.K.?
- LENAMON, L.K. is operated by Mitchell Energy Corporation, Railroad Commission of Texas operator number 570655.
- Where is LENAMON, L.K.?
- LENAMON, L.K. is a Texas gas lease in Limestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 152129.
- Is LENAMON, L.K. still producing?
- LENAMON, L.K. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LENAMON, L.K. is August 2026.
- How much has LENAMON, L.K. produced?
- LENAMON, L.K. has reported 608,129 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 1994 and August 2026, from 1 wellbore.
- How much is LENAMON, L.K. worth?
- The remaining production from LENAMON, L.K. is estimated to be worth about $78K in total as of 26 August 2026, within a range of $61K to $95K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LENAMON, L.K. is a fraction of it. The estimate fits an Arps decline curve to the production LENAMON, L.K. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LENAMON, L.K. is an estimate of value, not an offer and not an appraisal.
- How much income does LENAMON, L.K. generate in a year?
- LENAMON, L.K. is forecast to net about $15K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LENAMON, L.K. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mitchell Energy Corporation |
|---|---|
| Field | Personville N (Cotton Valley LM) |
| County | Limestone County, Texas |
| RRC district | 05 |
| Lease number | 152129 |
| Wellbores | 1 |
| Reported production | 608,129 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $78K |
Where LENAMON, L.K. 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.