BUTLER, LILLIE K.
BUTLER, LILLIE K. is a Texas gas lease in Montgomery County, Railroad Commission district 03, operated by Mitchell Energy Company L.P. It has 1 wellbore on file with the Commission. Reported production runs from April 2001 to August 2026, totalling 1,393,563 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 $46K, with roughly $17K 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 683 thousand cubic feet a month. Its strongest month on the record we hold was December 2022, at 1,872 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 BUTLER, LILLIE K.
- Who operates BUTLER, LILLIE K.?
- BUTLER, LILLIE K. is operated by Mitchell Energy Company L.P., Railroad Commission of Texas operator number 570653.
- Where is BUTLER, LILLIE K.?
- BUTLER, LILLIE K. is a Texas gas lease in Montgomery County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 183066.
- Is BUTLER, LILLIE K. still producing?
- BUTLER, LILLIE K. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUTLER, LILLIE K. is August 2026.
- How much has BUTLER, LILLIE K. produced?
- BUTLER, LILLIE K. has reported 1,393,563 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2001 and August 2026, from 1 wellbore.
- How much is BUTLER, LILLIE K. worth?
- The remaining production from BUTLER, LILLIE K. is estimated to be worth about $46K in total as of 27 August 2026, within a range of $36K to $57K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUTLER, LILLIE K. is a fraction of it. The estimate fits an Arps decline curve to the production BUTLER, LILLIE K. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUTLER, LILLIE K. is an estimate of value, not an offer and not an appraisal.
- How much income does BUTLER, LILLIE K. generate in a year?
- BUTLER, LILLIE K. is forecast to net about $17K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BUTLER, LILLIE K. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mitchell Energy Company L.P. |
|---|---|
| Field | Lake Creek (Wilcox Lower) |
| County | Montgomery County, Texas |
| RRC district | 03 |
| Lease number | 183066 |
| Wellbores | 1 |
| Reported production | 1,393,563 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $46K |
Where BUTLER, LILLIE 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.