COPELAND-MITCHELL 'K'
COPELAND-MITCHELL 'K' is a Texas gas lease in Stephens County, Railroad Commission district 7B, operated by Delta Oil & Gas Ltd. It has 1 wellbore on file with the Commission. Reported production runs from December 2021 to August 2026, totalling 5,468 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 $18K, 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 91 thousand cubic feet a month. Its strongest month on the record we hold was May 2022, at 139 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 COPELAND-MITCHELL 'K'
- Who operates COPELAND-MITCHELL 'K'?
- COPELAND-MITCHELL 'K' is operated by Delta Oil & Gas Ltd., Railroad Commission of Texas operator number 213703.
- Where is COPELAND-MITCHELL 'K'?
- COPELAND-MITCHELL 'K' is a Texas gas lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 298090.
- Is COPELAND-MITCHELL 'K' still producing?
- COPELAND-MITCHELL 'K' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COPELAND-MITCHELL 'K' is August 2026.
- How much has COPELAND-MITCHELL 'K' produced?
- COPELAND-MITCHELL 'K' has reported 5,468 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2021 and August 2026, from 1 wellbore.
- How much is COPELAND-MITCHELL 'K' worth?
- The remaining production from COPELAND-MITCHELL 'K' is estimated to be worth about $18K in total as of 26 August 2026, within a range of $10K to $27K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COPELAND-MITCHELL 'K' is a fraction of it. The estimate fits an Arps decline curve to the production COPELAND-MITCHELL 'K' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COPELAND-MITCHELL 'K' is an estimate of value, not an offer and not an appraisal.
- How much income does COPELAND-MITCHELL 'K' generate in a year?
- COPELAND-MITCHELL 'K' 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 COPELAND-MITCHELL 'K' receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Delta Oil & Gas Ltd. |
|---|---|
| Field | Caddo, North (Duffer) |
| County | Stephens County, Texas |
| RRC district | 7B |
| Lease number | 298090 |
| Wellbores | 1 |
| Reported production | 5,468 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $18K |
Where COPELAND-MITCHELL '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.