WERNER-MICHER
WERNER-MICHER is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Chevron U. S. A. Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2009 to August 2026, totalling 2,213,912 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 $45K, with roughly $22K 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 1,334 thousand cubic feet a month. Its strongest month on the record we hold was January 2017, at 11,650 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 WERNER-MICHER
- Who operates WERNER-MICHER?
- WERNER-MICHER is operated by Chevron U. S. A. Inc., Railroad Commission of Texas operator number 148113.
- Where is WERNER-MICHER?
- WERNER-MICHER is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 252374.
- Is WERNER-MICHER still producing?
- WERNER-MICHER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WERNER-MICHER is August 2026.
- How much has WERNER-MICHER produced?
- WERNER-MICHER has reported 2,213,912 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2009 and August 2026, from 1 wellbore.
- How much is WERNER-MICHER worth?
- The remaining production from WERNER-MICHER is estimated to be worth about $45K in total as of 26 August 2026, within a range of $37K to $53K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WERNER-MICHER is a fraction of it. The estimate fits an Arps decline curve to the production WERNER-MICHER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WERNER-MICHER is an estimate of value, not an offer and not an appraisal.
- How much income does WERNER-MICHER generate in a year?
- WERNER-MICHER is forecast to net about $22K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WERNER-MICHER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chevron U. S. A. Inc. |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 252374 |
| Wellbores | 1 |
| Reported production | 2,213,912 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $45K |
Where WERNER-MICHER 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.