GAGE BROS. GU "A"
GAGE BROS. GU "A" 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 427,224 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 $46K, with roughly $6K 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 170 thousand cubic feet a month. Its strongest month on the record we hold was April 2021, at 1,437 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 GAGE BROS. GU "A"
- Who operates GAGE BROS. GU "A"?
- GAGE BROS. GU "A" is operated by Mitchell Energy Corporation, Railroad Commission of Texas operator number 570655.
- Where is GAGE BROS. GU "A"?
- GAGE BROS. GU "A" is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 070022.
- Is GAGE BROS. GU "A" still producing?
- GAGE BROS. GU "A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GAGE BROS. GU "A" is August 2026.
- How much has GAGE BROS. GU "A" produced?
- GAGE BROS. GU "A" has reported 427,224 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GAGE BROS. GU "A" worth?
- The remaining production from GAGE BROS. GU "A" is estimated to be worth about $46K in total as of 27 August 2026, within a range of $36K to $56K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GAGE BROS. GU "A" is a fraction of it. The estimate fits an Arps decline curve to the production GAGE BROS. GU "A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GAGE BROS. GU "A" is an estimate of value, not an offer and not an appraisal.
- How much income does GAGE BROS. GU "A" generate in a year?
- GAGE BROS. GU "A" is forecast to net about $6K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GAGE BROS. GU "A" 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 | 070022 |
| Wellbores | 1 |
| Reported production | 427,224 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $46K |
Where GAGE BROS. GU "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.