CARAWAY, MEDORA
CARAWAY, MEDORA is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Mitchell Energy Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 547,426 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 $57K, with roughly $11K 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 494 thousand cubic feet a month. Its strongest month on the record we hold was June 2018, at 1,202 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 CARAWAY, MEDORA
- Who operates CARAWAY, MEDORA?
- CARAWAY, MEDORA is operated by Mitchell Energy Corporation, Railroad Commission of Texas operator number 570655.
- Where is CARAWAY, MEDORA?
- CARAWAY, MEDORA is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 132113.
- Is CARAWAY, MEDORA still producing?
- CARAWAY, MEDORA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARAWAY, MEDORA is August 2026.
- How much has CARAWAY, MEDORA produced?
- CARAWAY, MEDORA has reported 547,426 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CARAWAY, MEDORA worth?
- The remaining production from CARAWAY, MEDORA is estimated to be worth about $57K in total as of 27 August 2026, within a range of $44K to $69K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARAWAY, MEDORA is a fraction of it. The estimate fits an Arps decline curve to the production CARAWAY, MEDORA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARAWAY, MEDORA is an estimate of value, not an offer and not an appraisal.
- How much income does CARAWAY, MEDORA generate in a year?
- CARAWAY, MEDORA is forecast to net about $11K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CARAWAY, MEDORA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mitchell Energy Corporation |
|---|---|
| Field | Boonsville (Bend Congl., Gas) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 132113 |
| Wellbores | 1 |
| Reported production | 547,426 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $57K |
Where CARAWAY, MEDORA 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.