STATE CD 10/15

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 295551District 08Field 71052900Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$24.3 M
May 2023 – May 2026
Value, last 12 filed months
$3.9 M
at the published price for each month
Months reported
37
no gaps in the span
Streams
2
condensate, gas

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.

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
CondensateDisposition242,605 bbl$17,861,111
GasProduction2,151,255 Mcf$6,429,678
Total$24,290,789

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 31.4915, -103.7519. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.49152, -103.75187 · 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
10,457 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 10,457 ft.

Completions filed
Feb 2024
1 of 1 wells

1 well

42-38940557W102DM10,457 ftFeb 2024

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 (37)

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

37 months

May 20261,45820,249106.413.05$216,821
Apr 20261,27613,49098.932.87$164,947
Mar 20264,19164,28889.753.15$578,613
Feb 20263,85243,25963.503.75$406,837
Jan 20265,75058,21459.138.00$805,588
Dec 20253,78335,01256.664.41$368,865
Nov 20252,47329,43558.593.93$260,468
Oct 20253,04032,97859.383.30$289,502
Sep 20253,35035,35162.743.08$318,951
Aug 20252,81826,81063.933.01$260,980
Jul 20252,51113,07666.743.32$210,934
Jun 20251673,41666.483.13$21,790
May 20259,05594,66560.553.23$854,268
Apr 202510,348123,63362.363.54$1,083,348
Mar 202510,363138,66167.704.27$1,293,425
Feb 20259,195113,08470.884.34$1,142,621
Jan 20259,466113,34074.324.28$1,188,459
Dec 202411,707109,68768.993.12$1,150,040
Nov 202411,550108,86469.052.20$1,036,858
Oct 202412,437113,61271.372.28$1,146,823
Sep 202413,149117,09669.612.36$1,192,159
Aug 202413,468108,63175.632.06$1,242,759
Jul 20249,82777,07579.932.15$950,921
Jun 20247,39455,04378.082.63$722,306
May 202423,879168,68178.812.20$2,252,739
Apr 202425,228160,25884.451.66$2,396,405
Mar 202425,889141,36880.301.55$2,297,319
Feb 20244,98131,97976.091.78$436,043
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0

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         1,458 bbl  × $106.41 =   $155,146
Gas               20,249 Mcf  × $  3.05 =    $61,675

────────────────────────────────────────────────────
Month total                                 $216,821

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/295551 is the state's own key, not one this site invented.