PINEHURST GAS UNIT
PINEHURST GAS UNIT is a Texas gas lease in Montgomery County, Railroad Commission district 03, operated by Mitchell Energy Corporation. It has 1 wellbore on file with the Commission. Reported production runs from March 1994 to August 2026, totalling 4,295,716 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 $3K, with roughly $440 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 20 thousand cubic feet a month. Its strongest month on the record we hold was December 2022, at 3,885 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 PINEHURST GAS UNIT
- Who operates PINEHURST GAS UNIT?
- PINEHURST GAS UNIT is operated by Mitchell Energy Corporation, Railroad Commission of Texas operator number 570655.
- Where is PINEHURST GAS UNIT?
- PINEHURST GAS UNIT is a Texas gas lease in Montgomery County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 148817.
- Is PINEHURST GAS UNIT still producing?
- PINEHURST GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PINEHURST GAS UNIT is August 2026.
- How much has PINEHURST GAS UNIT produced?
- PINEHURST GAS UNIT has reported 4,295,716 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 1994 and August 2026, from 1 wellbore.
- How much is PINEHURST GAS UNIT worth?
- The remaining production from PINEHURST GAS UNIT is estimated to be worth about $3K in total as of 27 August 2026, within a range of $2K to $5K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PINEHURST GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production PINEHURST GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PINEHURST GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does PINEHURST GAS UNIT generate in a year?
- PINEHURST GAS UNIT is forecast to net about $440 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PINEHURST GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mitchell Energy Corporation |
|---|---|
| Field | Pinehurst (Middle Wilcox) |
| County | Montgomery County, Texas |
| RRC district | 03 |
| Lease number | 148817 |
| Wellbores | 1 |
| Reported production | 4,295,716 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where PINEHURST GAS UNIT 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.