MCGEE, THELMA
MCGEE, THELMA 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 November 1995 to August 2026, totalling 684,654 thousand cubic feet. The lease is shut in. 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 $165, with roughly $21 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 3 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 1,822 thousand cubic feet.
Key facts about MCGEE, THELMA
- Who operates MCGEE, THELMA?
- MCGEE, THELMA is operated by Mitchell Energy Corporation, Railroad Commission of Texas operator number 570655.
- Where is MCGEE, THELMA?
- MCGEE, THELMA is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 157033.
- Is MCGEE, THELMA still producing?
- MCGEE, THELMA is shut in. The most recent month of production reported to the Railroad Commission of Texas for MCGEE, THELMA is August 2026.
- How much has MCGEE, THELMA produced?
- MCGEE, THELMA has reported 684,654 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 1995 and August 2026, from 1 wellbore.
- How much is MCGEE, THELMA worth?
- The remaining production from MCGEE, THELMA is estimated to be worth about $165 in total as of 26 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCGEE, THELMA is a fraction of it. The estimate fits an Arps decline curve to the production MCGEE, THELMA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MCGEE, THELMA is an estimate of value, not an offer and not an appraisal.
- How much income does MCGEE, THELMA generate in a year?
- MCGEE, THELMA is forecast to net about $21 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MCGEE, THELMA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mitchell Energy Corporation |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 157033 |
| Wellbores | 1 |
| Reported production | 684,654 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $165 |
Where MCGEE, THELMA 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.