MITCHELL -D-
MITCHELL -D- is a Texas oil lease in Wichita County, Railroad Commission district 09, operated by Mitchell Oil Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 9,823 barrels. 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 $137K, with roughly $26K 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 36 barrels a month, about 18 per wellbore. Its strongest month on the record we hold was April 2017, at 92 barrels. 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 MITCHELL -D-
- Who operates MITCHELL -D-?
- MITCHELL -D- is operated by Mitchell Oil Company, Railroad Commission of Texas operator number 571540.
- Where is MITCHELL -D-?
- MITCHELL -D- is a Texas oil lease in Wichita County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 06149.
- Is MITCHELL -D- still producing?
- MITCHELL -D- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MITCHELL -D- is August 2026.
- How much has MITCHELL -D- produced?
- MITCHELL -D- has reported 9,823 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is MITCHELL -D- worth?
- The remaining production from MITCHELL -D- is estimated to be worth about $137K in total as of 26 August 2026, within a range of $75K to $198K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MITCHELL -D- is a fraction of it. The estimate fits an Arps decline curve to the production MITCHELL -D- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MITCHELL -D- is an estimate of value, not an offer and not an appraisal.
- How much income does MITCHELL -D- generate in a year?
- MITCHELL -D- is forecast to net about $26K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MITCHELL -D- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mitchell Oil Company |
|---|---|
| Field | K-M-A |
| County | Wichita County, Texas |
| RRC district | 09 |
| Lease number | 06149 |
| Wellbores | 2 |
| Reported production | 9,823 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $137K |
Where MITCHELL -D- 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.