MIMS
MIMS is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by Cabot Oil & Gas Corporation. It has 1 wellbore on file with the Commission. Reported production runs from September 2008 to August 2026, totalling 243,071 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 $14K, with roughly $2K 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 271 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 3,138 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 MIMS
- Who operates MIMS?
- MIMS is operated by Cabot Oil & Gas Corporation, Railroad Commission of Texas operator number 121700.
- Where is MIMS?
- MIMS is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 243310.
- Is MIMS still producing?
- MIMS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MIMS is August 2026.
- How much has MIMS produced?
- MIMS has reported 243,071 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2008 and August 2026, from 1 wellbore.
- How much is MIMS worth?
- The remaining production from MIMS is estimated to be worth about $14K in total as of 26 August 2026, within a range of $11K to $17K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MIMS is a fraction of it. The estimate fits an Arps decline curve to the production MIMS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MIMS is an estimate of value, not an offer and not an appraisal.
- How much income does MIMS generate in a year?
- MIMS is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MIMS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cabot Oil & Gas Corporation |
|---|---|
| Field | Brachfield, S.E. (Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 243310 |
| Wellbores | 1 |
| Reported production | 243,071 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $14K |
Where MIMS 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.