UNIVERSITY B20 11

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.

Oil lease lease 48055District 08Field 71052900OilCasinghead gasSave
Value, all time
$35.1 M
Aug 2016 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
118
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition580,681 bbl$33,380,304
Casinghead gasProduction503,094 Mcf$1,669,979
Total$35,050,283

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 31.7265, -103.3070. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.72655, -103.30698 · 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
12,053 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 12,053 ft.

Completions filed
Aug 2016
1 of 1 wells

1 well

42-49533717W101DM12,053 ftAug 2016

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 (118)

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

118 months

May 20263,1632,800106.413.05$345,103
Apr 20263,0803,36398.932.87$314,355
Mar 20263,6722,93189.753.15$338,793
Feb 20262,9493,70463.503.75$201,153
Jan 20263,7273,95459.138.00$252,001
Dec 20252,6833,33356.664.41$166,729
Nov 20259011,11058.593.93$57,148
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20257467063.933.01$47,903
Jul 20256941,41566.743.32$51,009
Jun 2025017066.483.13$532
May 202584937560.553.23$52,619
Apr 20251,44297162.363.54$93,363
Mar 20251,3281,19667.704.27$95,011
Feb 20251,2571,14070.884.34$94,045
Jan 20251,5921,43274.324.28$124,445
Dec 20243,5302,80968.993.12$252,303
Nov 20242,4542,73169.052.20$175,453
Oct 20242,7622,78171.372.28$203,469
Sep 20242,3282,24269.612.36$167,353
Aug 20242,8562,63875.632.06$221,443
Jul 20242,6472,12479.932.15$216,134
Jun 20242,6281,81578.082.63$209,975
May 20242,5832,50578.812.20$209,073
Apr 20241,6942,12784.451.66$146,587
Mar 20242,0782,24680.301.55$170,334
Feb 20242,2612,87476.091.78$177,166
Jan 20242,7872,89273.023.30$213,044
Dec 20232,6613,01671.262.61$197,497
Nov 20232,4352,98777.892.81$198,048
Oct 20232,9133,29385.443.09$259,053
Sep 20232,8362,24589.042.74$258,658
Aug 20232,9361,99780.522.67$241,744
Jul 20233,2371,88374.852.64$247,264
Jun 20232,4491,73468.962.26$172,799
May 20233,2212,55170.622.23$233,149
Apr 20233,0143,30778.122.24$242,854
Mar 20233,0383,41372.852.39$229,486
Feb 20232,7273,06775.112.47$212,387
Jan 20232,7932,92576.533.39$223,657
Dec 20222,9703,02376.415.73$244,257
Nov 20223,0813,03585.005.65$279,021
Oct 20223,0003,25687.185.86$280,632
Sep 20223,1493,32784.888.16$294,448
Aug 20222,6512,83294.529.13$276,421
Jul 20223,2283,232101.587.54$352,276
Jun 20223,2442,603115.097.98$394,117
May 20223,1163,166109.378.43$367,496
Apr 20223,1953,382104.226.84$356,108
Mar 20223,7243,984108.885.08$425,694
Feb 20223,3953,65291.054.86$326,859
Jan 20224,0114,24981.844.54$347,541
Dec 20213,8324,38771.323.90$290,404
Nov 20214,1584,05277.435.24$343,174
Oct 20214,0344,47379.795.71$347,431
Sep 20213,9633,17469.865.35$293,839
Aug 20214,3383,60166.024.22$301,593
Jul 20213,9913,61470.783.98$296,874
Jun 20213,8884,43569.493.38$285,170
May 20214,3804,63263.483.02$292,020
Apr 20214,3674,74560.362.76$276,681
Mar 20214,7725,19061.302.72$306,625
Feb 20213,1303,32257.805.55$199,344
Jan 20214,9814,95650.412.81$265,020
Dec 20204,4974,89244.642.68$213,834
Nov 20204,5894,37338.772.71$189,751
Oct 20204,3634,37636.972.48$172,146
Sep 20205,0754,03337.091.99$196,262
Aug 20205,5293,66039.982.39$229,779
Jul 20205,1393,62938.371.83$203,807
Jun 20205,7185,03834.901.69$208,074
May 20202,4613,38516.921.81$47,783
Apr 20204,9843,37814.751.80$79,609
Mar 20206,2334,94930.341.86$198,296
Feb 20206,8266,56349.881.98$353,480
Jan 20205,7005,08457.252.09$336,975
Dec 20193,0142,94959.012.30$184,652
Nov 20193,7252,96755.302.75$214,154
Oct 20192,8852,77253.472.42$160,965
Sep 20193,7263055.052.66$205,196
Aug 20193,5591,22253.112.30$191,834
Jul 20193,8213,00256.272.46$222,393
Jun 20194,1173,34752.782.49$225,633
May 20194,3803,76258.482.74$266,451
Apr 20194,6363,72062.632.75$300,585
Mar 20195,0113,39956.803.06$295,033
Feb 20194,9714,17950.852.79$264,444
Jan 20195,5695,09446.033.23$272,785
Dec 20185,2584,37446.594.19$263,277
Nov 20185,5193,40352.934.24$306,540
Oct 20185,6864,72561.443.40$365,404
Sep 20184,3584,01559.543.11$271,954
Aug 20185,5554,58859.403.07$344,036
Jul 20187,4337,40965.142.93$505,908
Jun 20184,2654,50960.183.08$270,542
May 20186,5985,34065.382.90$446,868
Apr 20186,1985,81663.842.90$412,551
Mar 20187,4305,89961.222.79$471,304
Feb 20185,3635,61261.782.77$346,850
Jan 20187,0126,20062.874.01$465,702
Dec 20176,7465,54457.272.92$402,540
Nov 20176,9915,71455.423.12$405,260
Oct 20176,9175,11149.292.98$356,189
Sep 20177,0044,82647.523.09$347,729
Aug 20178,1836,41645.373.00$390,539
Jul 20177,4815,04843.873.09$343,776
Jun 20178,4375,99442.493.09$376,993
May 20179,3916,28745.373.26$446,587
Apr 20179,5316,95447.933.21$479,154
Mar 201711,7937,12746.772.98$572,823
Feb 201713,0909,69150.452.95$689,004
Jan 201712,24312,28849.413.42$646,937
Dec 201618,36016,15948.763.72$955,391
Nov 201625,24822,10842.492.64$1,131,249
Oct 201627,29117,62246.193.09$1,315,028
Sep 201619,05817,30841.553.10$845,526
Aug 201620,16516,71641.442.92$884,521

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
Oil                3,163 bbl  × $106.41 =   $336,575
Casinghead gas     2,800 Mcf  × $  3.05 =     $8,528

────────────────────────────────────────────────────
Month total                                 $345,103

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/O/48055 is the state's own key, not one this site invented.