SATTERWHITE "A"

SATTERWHITE "A" is a Texas gas lease in Stephens County, Railroad Commission district 7B, operated by Mustang Oil & Gas Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 9,908 thousand cubic feet. The lease is intermittent. 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 $2K, with roughly $250 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 5 thousand cubic feet a month. Its strongest month on the record we hold was September 2023, at 237 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 SATTERWHITE "A"

Who operates SATTERWHITE "A"?
SATTERWHITE "A" is operated by Mustang Oil & Gas Corporation, Railroad Commission of Texas operator number 596926.
Where is SATTERWHITE "A"?
SATTERWHITE "A" is a Texas gas lease in Stephens County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 123323.
Is SATTERWHITE "A" still producing?
SATTERWHITE "A" is intermittent. The most recent month of production reported to the Railroad Commission of Texas for SATTERWHITE "A" is August 2026.
How much has SATTERWHITE "A" produced?
SATTERWHITE "A" has reported 9,908 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is SATTERWHITE "A" worth?
The remaining production from SATTERWHITE "A" is estimated to be worth about $2K in total as of 26 August 2026, within a range of $0 to $4K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SATTERWHITE "A" is a fraction of it. The estimate fits an Arps decline curve to the production SATTERWHITE "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SATTERWHITE "A" is an estimate of value, not an offer and not an appraisal.
How much income does SATTERWHITE "A" generate in a year?
SATTERWHITE "A" is forecast to net about $250 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SATTERWHITE "A" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SATTERWHITE "A" as filed with the Railroad Commission of Texas
OperatorMustang Oil & Gas Corporation
FieldWayland, Se (Duffer Lime, Lower)
CountyStephens County, Texas
RRC district7B
Lease number123323
Wellbores1
Reported production9,908 mcf
First reported
Last reported
Estimated royalty value$2K

Where SATTERWHITE "A" 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.