COLLINS, W. L.
COLLINS, W. L. is a Texas gas lease in Parker County, Railroad Commission district 7B, operated by Mitchell Energy Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 488,664 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 $60K, with roughly $9K 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 472 thousand cubic feet a month. Its strongest month on the record we hold was March 2021, at 652 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 COLLINS, W. L.
- Who operates COLLINS, W. L.?
- COLLINS, W. L. is operated by Mitchell Energy Corporation, Railroad Commission of Texas operator number 570655.
- Where is COLLINS, W. L.?
- COLLINS, W. L. is a Texas gas lease in Parker County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 136020.
- Is COLLINS, W. L. still producing?
- COLLINS, W. L. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COLLINS, W. L. is August 2026.
- How much has COLLINS, W. L. produced?
- COLLINS, W. L. has reported 488,664 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is COLLINS, W. L. worth?
- The remaining production from COLLINS, W. L. is estimated to be worth about $60K in total as of 27 August 2026, within a range of $47K to $74K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COLLINS, W. L. is a fraction of it. The estimate fits an Arps decline curve to the production COLLINS, W. L. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COLLINS, W. L. is an estimate of value, not an offer and not an appraisal.
- How much income does COLLINS, W. L. generate in a year?
- COLLINS, W. L. is forecast to net about $9K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in COLLINS, W. L. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mitchell Energy Corporation |
|---|---|
| Field | Toto (Caddo Conglomerate) |
| County | Parker County, Texas |
| RRC district | 7B |
| Lease number | 136020 |
| Wellbores | 1 |
| Reported production | 488,664 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $60K |
Where COLLINS, W. L. 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.