UNIVERSITY B21 8

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 48089District 08Field 71052900OilCasinghead gasSave
Value, all time
$96.2 M
Nov 2016 – May 2026
Value, last 12 filed months
$6.4 M
at the published price for each month
Months reported
115
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
OilDisposition1,456,241 bbl$92,016,841
Casinghead gasProduction1,266,166 Mcf$4,216,376
Total$96,233,216

Wells on this lease (4)

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 31.7420, -103.2523. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.74207, -103.25239 · 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 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
12,086 ft
4 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.
4100.0%

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

Between 12,055 and 12,714 ft, median 12,086 ft, over the 4 wells that filed a depth.

Completions filed
Nov 2016 – Mar 2019
4 of 4 wells

4 wells

42-49534202W101BO12,092 ftMar 2019
42-49534204W101AP12,055 ftMar 2019
42-49533880W101CN12,080 ftOct 2017
42-49533737W202DM12,714 ftNov 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 (115)

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

115 months

May 20268,3885,733106.413.05$910,029
Apr 20265,0374,66298.932.87$511,689
Mar 20268,5478,14289.753.15$792,736
Feb 20268,2017,20063.503.75$547,766
Jan 20266,5625,47759.138.00$431,816
Dec 20254,3834,13956.664.41$266,608
Nov 20254,1824,27358.593.93$261,801
Oct 20256,2034,87359.383.30$384,439
Sep 20256,8267,27462.743.08$450,645
Aug 20258,86711,19163.933.01$600,605
Jul 20259,2518,25266.743.32$644,769
Jun 20258,2874,13866.483.13$563,866
May 20255,4003,44860.553.23$338,115
Apr 20253,0802,93462.363.54$202,464
Mar 20257,0727,05567.704.27$508,887
Feb 20256,4186,68670.884.34$483,931
Jan 20257,4777,12774.324.28$586,185
Dec 20248,4878,25968.993.12$611,298
Nov 20248,5368,84069.052.20$608,845
Oct 20248,3477,55171.372.28$612,952
Sep 20249,1617,34669.612.36$655,066
Aug 20247,5756,82875.632.06$586,988
Jul 20247,4745,47479.932.15$609,147
Jun 20248,1505,62178.082.63$651,158
May 20248,7309,42478.812.20$708,729
Apr 20248,3248,10284.451.66$716,405
Mar 20248,2527,70980.301.55$674,547
Feb 202410,01511,05776.091.78$781,763
Jan 202410,19010,61573.023.30$779,078
Dec 20238,5969,95371.262.61$638,535
Nov 20238,1108,28177.892.81$654,937
Oct 20237,9568,79885.443.09$706,923
Sep 20237,9356,39689.042.74$724,026
Aug 20238,7776,02780.522.67$722,833
Jul 202310,0275,78974.852.64$765,814
Jun 20239,6236,86868.962.26$679,113
May 202310,8178,65570.622.23$783,175
Apr 20237,9738,37378.122.24$641,588
Mar 20238,9519,77872.852.39$675,481
Feb 20239,0849,23475.112.47$705,067
Jan 20239,87210,04976.533.39$789,547
Dec 202212,32712,02276.415.73$1,010,781
Nov 202210,57510,77185.005.65$959,690
Oct 202211,46210,38387.185.86$1,060,141
Sep 202210,8639,69384.888.16$1,001,182
Aug 202211,59310,60894.529.13$1,192,591
Jul 202212,87811,902101.587.54$1,397,913
Jun 202214,5999,961115.097.98$1,759,660
May 202213,18112,099109.378.43$1,543,637
Apr 202215,05613,308104.226.84$1,660,131
Mar 202216,84514,589108.885.08$1,908,143
Feb 202217,13115,15891.054.86$1,633,428
Jan 202213,69612,52781.844.54$1,177,724
Dec 202111,6998,80371.323.90$868,697
Nov 202113,58411,20377.435.24$1,110,478
Oct 202110,1807,80079.795.71$856,830
Sep 202112,3708,78469.865.35$911,171
Aug 202112,77510,05466.024.22$885,839
Jul 202113,09011,44370.783.98$972,077
Jun 202113,44111,91069.493.38$974,278
May 202114,68211,58663.483.02$966,976
Apr 202114,74910,99760.362.76$920,584
Mar 202115,74111,96361.302.72$997,426
Feb 202111,71311,23657.805.55$739,348
Jan 202116,72711,54550.412.81$875,653
Dec 202015,68112,41044.642.68$733,202
Nov 202015,22212,03338.772.71$622,725
Oct 202015,81513,26436.972.48$617,554
Sep 202016,44212,86237.091.99$635,443
Aug 202016,64211,98139.982.39$693,923
Jul 202016,28712,65038.371.83$648,020
Jun 202019,42016,65134.901.69$705,903
May 20209,84811,60616.921.81$187,690
Apr 202013,89810,66114.751.80$224,232
Mar 202018,19215,36730.341.86$580,470
Feb 202017,20314,25449.881.98$886,318
Jan 202020,04618,10957.252.09$1,185,567
Dec 201920,06218,99859.012.30$1,227,637
Nov 201919,68017,64855.302.75$1,136,848
Oct 201923,07116,90353.472.42$1,274,487
Sep 201922,58216,71255.052.66$1,287,548
Aug 201923,31019,02653.112.30$1,281,837
Jul 201930,71426,72856.272.46$1,794,029
Jun 201932,78830,50152.782.49$1,806,535
May 201939,76338,48058.482.74$2,430,788
Apr 201960,16746,72162.632.75$3,896,775
Mar 201915,41118,97556.803.06$933,448
Feb 20198,91316,15650.852.79$498,337
Jan 201910,07315,48146.033.23$513,636
Dec 20189,89414,79946.594.19$522,902
Nov 20189,88214,26652.934.24$583,503
Oct 201810,5359,31561.443.40$678,924
Sep 201811,30011,07359.543.11$707,217
Aug 20189,4719,41359.403.07$591,443
Jul 201812,98112,51165.142.93$882,263
Jun 201812,57012,58560.183.08$795,186
May 201814,62712,58165.382.90$992,808
Apr 201815,43312,72963.842.90$1,022,167
Mar 201817,64914,03161.222.79$1,119,574
Feb 201818,17513,71461.782.77$1,160,786
Jan 201820,05313,38762.874.01$1,314,405
Dec 201715,8079,29357.272.92$932,417
Nov 201735,04827,39155.423.12$2,027,775
Oct 201725,64914,92649.292.98$1,308,774
Sep 20174,2113,09247.523.09$209,653
Aug 20175,2244,54345.373.00$250,662
Jul 20176,1174,90543.873.09$283,496
Jun 20175,6655,01542.493.09$256,189
May 20176,0524,10645.373.26$287,979
Apr 20174,9983,62047.933.21$251,180
Mar 20176,2723,26846.772.98$303,092
Feb 20176,0383,43450.452.95$314,756
Jan 20177,8685,66549.413.42$408,125
Dec 201613,14111,05048.763.72$681,892
Nov 20164,2513,30142.492.64$189,354

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                8,388 bbl  × $106.41 =   $892,567
Casinghead gas     5,733 Mcf  × $  3.05 =    $17,462

────────────────────────────────────────────────────
Month total                                 $910,029

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/48089 is the state's own key, not one this site invented.