ZULCH, SALLY

ZULCH, SALLY is a Texas gas lease in Madison County, Railroad Commission district 03, operated by Mitchell Energy Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,296,866 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 $97K, with roughly $19K 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 530 thousand cubic feet a month. Its strongest month on the record we hold was April 2017, at 2,996 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 ZULCH, SALLY

Who operates ZULCH, SALLY?
ZULCH, SALLY is operated by Mitchell Energy Corporation, Railroad Commission of Texas operator number 570655.
Where is ZULCH, SALLY?
ZULCH, SALLY is a Texas gas lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 093993.
Is ZULCH, SALLY still producing?
ZULCH, SALLY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ZULCH, SALLY is August 2026.
How much has ZULCH, SALLY produced?
ZULCH, SALLY has reported 1,296,866 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is ZULCH, SALLY worth?
The remaining production from ZULCH, SALLY is estimated to be worth about $97K in total as of 27 August 2026, within a range of $76K to $119K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ZULCH, SALLY is a fraction of it. The estimate fits an Arps decline curve to the production ZULCH, SALLY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ZULCH, SALLY is an estimate of value, not an offer and not an appraisal.
How much income does ZULCH, SALLY generate in a year?
ZULCH, SALLY is forecast to net about $19K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ZULCH, SALLY receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

ZULCH, SALLY as filed with the Railroad Commission of Texas
OperatorMitchell Energy Corporation
FieldMadisonville (Sub-Clark, Gas)
CountyMadison County, Texas
RRC district03
Lease number093993
Wellbores1
Reported production1,296,866 mcf
First reported
Last reported
Estimated royalty value$97K

Where ZULCH, SALLY 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.