MITCHELL E DEEP
MITCHELL E DEEP is a Texas oil lease in Wichita County, Railroad Commission district 09, operated by Mitchell Drilling Co. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 12,796 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 $111K, with roughly $21K 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 33 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was August 2018, at 126 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 E DEEP
- Who operates MITCHELL E DEEP?
- MITCHELL E DEEP is operated by Mitchell Drilling Co., Railroad Commission of Texas operator number 570650.
- Where is MITCHELL E DEEP?
- MITCHELL E DEEP is a Texas oil lease in Wichita County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 26074.
- Is MITCHELL E DEEP still producing?
- MITCHELL E DEEP is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MITCHELL E DEEP is August 2026.
- How much has MITCHELL E DEEP produced?
- MITCHELL E DEEP has reported 12,796 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is MITCHELL E DEEP worth?
- The remaining production from MITCHELL E DEEP is estimated to be worth about $111K in total as of 26 August 2026, within a range of $61K to $161K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MITCHELL E DEEP is a fraction of it. The estimate fits an Arps decline curve to the production MITCHELL E DEEP has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MITCHELL E DEEP is an estimate of value, not an offer and not an appraisal.
- How much income does MITCHELL E DEEP generate in a year?
- MITCHELL E DEEP is forecast to net about $21K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MITCHELL E DEEP receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mitchell Drilling Co. |
|---|---|
| Field | K-M-A |
| County | Wichita County, Texas |
| RRC district | 09 |
| Lease number | 26074 |
| Wellbores | 4 |
| Reported production | 12,796 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $111K |
Where MITCHELL E DEEP 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.