MICHELLE
MICHELLE is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Strat Land Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from December 1998 to August 2026, totalling 531,994 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 $148K, with roughly $23K 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 551 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 1,754 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 MICHELLE
- Who operates MICHELLE?
- MICHELLE is operated by Strat Land Exploration Company, Railroad Commission of Texas operator number 825420.
- Where is MICHELLE?
- MICHELLE is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 171754.
- Is MICHELLE still producing?
- MICHELLE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MICHELLE is August 2026.
- How much has MICHELLE produced?
- MICHELLE has reported 531,994 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 1998 and August 2026, from 1 wellbore.
- How much is MICHELLE worth?
- The remaining production from MICHELLE is estimated to be worth about $148K in total as of 26 August 2026, within a range of $115K to $180K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MICHELLE is a fraction of it. The estimate fits an Arps decline curve to the production MICHELLE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MICHELLE is an estimate of value, not an offer and not an appraisal.
- How much income does MICHELLE generate in a year?
- MICHELLE is forecast to net about $23K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MICHELLE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Strat Land Exploration Company |
|---|---|
| Field | Higgins, South (Morrow) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 171754 |
| Wellbores | 1 |
| Reported production | 531,994 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $148K |
Where MICHELLE 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.