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MITCHELL REPORTS FOUR NORTH TEXAS PRODUCERS

 THE WOODLANDS, Texas, Jan. 4 /PRNewswire/ -- Mitchell Energy & Development Corp. (NYSE: MNDA, MNDB) today announced the completion of three natural gas wells and one oil producer in Wise and Jack counties, North Texas.
 The largest of the gas producers is the Cecil Bullard No. 3, which tested at a rate of 6.1 million cubic feet per day on a 24/64-inch choke with 1,433 pounds per square inch (psi) of flowing tubing pressure. Perforations were made between 5,440 feet and 5,450 feet in the Atoka formation of the Boonsville/Bend Conglomerate Field.
 Two additional gas completions and their test rates are:
 -- The J.M. Robinson "A" No. 5, testing 5.2 million cubic feet per day on a 30/64-inch choke with 960 psi of flowing tubing pressure from perforations between 4,574 feet and 5,528 feet in the Atoka/Caddo formation of the Cap Yates Field; and
 -- The R.B. Taylor No. 5, which tested at 1.9 million cubic feet per day on a 32/64-inch choke with 325 psi of flowing tubing pressure from perforations between 5,030 feet and 6,760 feet in the Atoka/Caddo formation of the Boonsville/Bend Conglomerate Field.
 The single oil completion is the Zoy Gunter No. 2, which tested at a daily rate of 48 barrels of oil and 2 million cubic feet of associated gas on a 26/64-inch choke with 491 psi of flowing tubing pressure. Perforations were made between 5,260 feet and 5,300 feet in the Atoka formation of the Maryetta/Atoka "5360" Field.
 Mitchell Energy's working interests in the four producers range between 88 percent and 100 percent.
 Mitchell Energy & Development Corp. is one of the nation's largest independent producers of natural gas, natural gas liquids and oil. The company also has sizable real estate interests in the Houston-Galveston area. Its shares are traded on the New York Stock Exchange under the symbols MNDA and MNDB.
 -0- 1/4/94
 /CONTACT: Debbie Siegfried, 713-377-5658 or Tony Lentini, 713-377-5654, both of Mitchell Energy & Development Corp./
 (MND)


CO: Mitchell Energy & Development Corp. ST: Texas IN: OIL SU:

TW -- NY018 -- 8836 01/04/94 10:39 EST
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Publication:PR Newswire
Date:Jan 4, 1994
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