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TXL 48

Operated by MEWBOURNE OIL COMPANY (P-5 562560) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 284471District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$23.8 M
Nov 2015 – May 2026
Value, last 12 filed months
$1.0 M
at the published price for each month
Months reported
127
no gaps in the span
Streams
2
condensate, gas

The PHANTOM (WOLFCAMP) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2017-08-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “FOR THE FOLLOWING API 389-37515.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112019-05-01222922
NGPA1none——

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition368,191 bbl$19,882,087
GasProduction1,301,946 Mcf$3,956,317
Total$23,838,404

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.8842, -103.8204. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.88418, -103.82037 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,833 ft
1 wells filed one
Completion to plug
—
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 10,833 ft.

Completions filed
Jun 2017
1 of 1 wells

1 well

42-30132098W101DM10,833 ftJun 2017——

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (127)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

127 months

May 20261,2885,242106.413.05$153,022
Apr 20261,0644,61698.932.87$118,508
Mar 20261,2754,67789.753.15$129,161
Feb 20261,6411,70063.503.75$110,579
Jan 20269362,61059.138.00$76,220
Dec 20259242,70456.664.41$64,288
Nov 20251,1102,87458.593.93$76,319
Oct 20257363,36459.383.30$54,821
Sep 20251,2732,55862.743.08$87,739
Aug 20255472,03063.933.01$41,090
Jul 20255442,54466.743.32$44,740
Jun 20257292,75966.483.13$57,096
May 20257232,70760.553.23$52,528
Apr 20257462,31562.363.54$54,723
Mar 20253712,61167.704.27$36,261
Feb 20253782,58970.884.34$38,031
Jan 2025037674.324.28$1,609
Dec 20241,6875,40468.993.12$133,254
Nov 20241,8587,79669.052.20$145,434
Oct 20242,0217,76371.372.28$161,949
Sep 20241,6607,35469.612.36$132,940
Aug 20241,8327,71575.632.06$154,475
Jul 20242,0266,84479.932.15$176,629
Jun 20241,8356,35478.082.63$160,013
May 20241,8428,05678.812.20$162,879
Apr 20242,2187,05684.451.66$199,017
Mar 20242,2327,37780.301.55$190,628
Feb 20241,8816,97376.091.78$155,563
Jan 20241,8837,01273.023.30$160,620
Dec 20232,4488,06371.262.61$195,495
Nov 20232,0608,15177.892.81$183,338
Oct 20232,4338,03385.443.09$232,676
Sep 20232,0217,50289.042.74$200,468
Aug 20231,8315,44880.522.67$161,994
Jul 20232,2008,46074.852.64$187,020
Jun 20232,2118,13568.962.26$170,843
May 20232,2188,26470.622.23$175,042
Apr 20232,2268,01878.122.24$191,837
Mar 20231,4826,78472.852.39$124,199
Feb 20231,4314,09975.112.47$117,589
Jan 20233681,28876.533.39$32,526
Dec 202254483476.415.73$46,345
Nov 20221,1215,71985.005.65$127,576
Oct 202237482387.185.86$37,431
Sep 20221,4805,30984.888.16$168,963
Aug 20221,4765,52494.529.13$189,930
Jul 20221,8485,624101.587.54$230,137
Jun 20221,6629,882115.097.98$270,110
May 20221,8346,565109.378.43$255,947
Apr 20221,1196,353104.226.84$160,061
Mar 20221,1042,771108.885.08$134,270
Feb 20221,0772,05491.054.86$108,041
Jan 20222,2416,37381.844.54$212,322
Dec 20219305,32271.323.90$87,079
Nov 20211,8635,28277.435.24$171,913
Oct 20211,4974,21279.795.71$143,512
Sep 20211,47010,04469.865.35$156,439
Aug 20212,20716,30566.024.22$214,523
Jul 202137014470.783.98$26,762
Jun 20211,63612,56669.493.38$156,167
May 20212,94810,98563.483.02$220,288
Apr 20211,8086,48460.362.76$127,016
Mar 20211,9774,87361.302.72$134,430
Feb 20211,0974,98857.805.55$91,080
Jan 20212,31814,70650.412.81$158,178
Dec 20202,4079,52744.642.68$132,938
Nov 20202,6026,12138.772.71$117,446
Oct 20201,7695,49336.972.48$79,014
Sep 20201,7986,26737.091.99$79,166
Aug 20201,4452,50439.982.39$63,743
Jul 20201,8452,74838.371.83$75,808
Jun 20202,5935,14834.901.69$99,197
May 2020081116.921.81$1,472
Apr 20201,4413,32914.751.80$27,262
Mar 20202,19912,59130.341.86$90,089
Feb 20202,97714,48749.881.98$177,187
Jan 20207533,38157.252.09$50,192
Dec 20192,19511,18359.012.30$155,297
Nov 20191,8709,96755.302.75$130,827
Oct 20192,94314,76353.472.42$193,067
Sep 20192,59914,12055.052.66$180,596
Aug 20193,25518,92953.112.30$216,492
Jul 20191,84313,48356.272.46$136,875
Jun 20193,23521,87952.782.49$225,248
May 20191,8429,25658.482.74$133,085
Apr 20192,2017,88662.632.75$159,541
Mar 20192,99729,94056.803.06$261,909
Feb 20192,95621,99850.852.79$211,736
Jan 20193,13612,22846.033.23$183,824
Dec 20182,99214,43646.594.19$199,818
Nov 20183,92714,20452.934.24$268,042
Oct 20182,58416,94761.443.40$216,348
Sep 20182,7388,19359.543.11$188,484
Aug 20183,64511,21459.403.07$250,901
Jul 20183,81610,65565.142.93$279,813
Jun 20183,64411,33660.183.08$254,176
May 20184,51512,21265.382.90$330,615
Apr 20184,05113,49863.842.90$297,771
Mar 20182,59610,00561.222.79$186,809
Feb 20184,48918,02061.782.77$327,176
Jan 20182,0286,15762.874.01$152,186
Dec 20173,2178,29057.272.92$208,457
Nov 20173,35812,18055.423.12$224,082
Oct 20174,50212,12349.292.98$258,075
Sep 20174,65714,20647.523.09$265,159
Aug 20175,62616,36945.373.00$304,431
Jul 20175,98116,23943.873.09$312,521
Jun 20173,73711,54842.493.09$194,437
May 20174,25413,19645.373.26$236,068
Apr 20174,51315,29947.933.21$265,442
Mar 20175,27814,31746.772.98$289,569
Feb 20176,55718,22150.452.95$384,600
Jan 20177,48419,24749.413.42$435,586
Dec 20164,30414,21948.763.72$262,798
Nov 20166,24319,03542.492.64$315,600
Oct 20168,92630,52646.193.09$506,625
Sep 20168,97833,32141.553.10$476,352
Aug 201613,00842,35741.442.92$662,918
Jul 201613,06547,63141.622.92$683,055
Jun 201612,31640,59845.352.69$667,570
May 20169,54526,80842.521.99$459,229
Apr 20168,85626,70336.561.99$376,942
Mar 201613,11135,20533.011.79$495,952
Feb 20168,70713,48426.472.06$258,300
Jan 20167,03014,56527.352.36$226,707
Dec 20151,48247932.362.00$48,916
Nov 20153,34010,89738.792.17$153,176

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate         1,288 bbl  × $106.41 =   $137,056
Gas                5,242 Mcf  × $  3.05 =    $15,966

────────────────────────────────────────────────────
Month total                                 $153,022

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/G/284471 is the state's own key, not one this site invented.