UNIVERSITY B20 2

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 48185District 08Field 71052900OilCasinghead gasSave
Value, all time
$36.1 M
Sep 2016 – May 2026
Value, last 12 filed months
$2.6 M
at the published price for each month
Months reported
117
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
OilDisposition574,744 bbl$34,348,561
Casinghead gasProduction510,571 Mcf$1,776,055
Total$36,124,616

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 31.7532, -103.3169. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.75321, -103.31692 · 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
12,124 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 12,124 ft.

Completions filed
Sep 2016
1 of 1 wells

1 well

42-49533690W101MD12,124 ftSep 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 (117)

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

117 months

May 20263,9123,714106.413.05$427,588
Apr 20263,7594,76798.932.87$385,558
Mar 20264,5935,36489.753.15$429,115
Feb 20263,9405,34763.503.75$270,243
Jan 20264,4515,58159.138.00$307,824
Dec 20254,5715,63056.664.41$283,840
Nov 20253,2403,70058.593.93$204,359
Oct 20259135559.383.30$54,396
Sep 202513512662.743.08$8,858
Aug 20255317163.933.01$3,904
Jul 20251,6701,85866.743.32$117,615
Jun 20252,1511,27866.483.13$146,997
May 20252,1101,43260.553.23$132,389
Apr 20252,1932,10462.363.54$144,210
Mar 20252,1963,06667.704.27$161,756
Feb 20251,9242,40270.884.34$146,800
Jan 20252,1512,73774.324.28$171,573
Dec 20242,2162,59368.993.12$160,976
Nov 20242,2393,16469.052.20$161,559
Oct 20242,3443,03171.372.28$174,206
Sep 20242,4212,78269.612.36$175,103
Aug 20242,4552,75475.632.06$191,355
Jul 20242,4782,66679.932.15$203,789
Jun 20242,5032,16378.082.63$201,132
May 20242,4733,51978.812.20$202,633
Apr 20242,4533,61184.451.66$213,147
Mar 20242,7383,72980.301.55$225,623
Feb 20242,7504,35976.091.78$217,022
Jan 20242,3684,07573.023.30$186,349
Dec 20232,7044,25271.262.61$203,788
Nov 20232,5063,77377.892.81$205,785
Oct 20232,7514,17185.443.09$247,922
Sep 20232,5823,03089.042.74$238,188
Aug 20232,5772,49780.522.67$214,174
Jul 20232,5152,26974.852.64$194,242
Jun 20232,7012,62668.962.26$192,192
May 20232,7873,26070.622.23$204,079
Apr 20232,6463,95078.122.24$215,545
Mar 20232,9713,89172.852.39$225,749
Feb 20232,3613,20875.112.47$185,245
Jan 20233,4823,49876.533.39$278,328
Dec 20223,0673,96376.415.73$257,054
Nov 20222,5683,35185.005.65$237,200
Oct 20223,3213,13387.185.86$307,896
Sep 20223,5983,38784.888.16$333,049
Aug 20224,0704,04694.529.13$421,625
Jul 20224,2864,258101.587.54$467,486
Jun 20224,6783,301115.097.98$564,724
May 20223,1483,515109.378.43$373,939
Apr 20224,0824,461104.226.84$455,929
Mar 20225,1215,824108.885.08$587,139
Feb 20224,8985,09791.054.86$470,728
Jan 20225,7166,11881.844.54$495,559
Dec 20215,7266,52571.323.90$433,820
Nov 20215,8195,45377.435.24$479,122
Oct 20217,1117,57779.795.71$610,681
Sep 20217,2157,40869.865.35$543,680
Aug 20213,9173,52066.024.22$273,457
Jul 20211,5203170.783.98$107,709
Jun 20211,7583069.493.38$122,265
May 20211,5583163.483.02$98,995
Apr 20212,0013060.362.76$120,863
Mar 20212,4733161.302.72$151,679
Feb 20211,8132157.805.55$104,908
Jan 20212,73020250.412.81$138,187
Dec 20202,5413144.642.68$113,513
Nov 20202,60493838.772.71$103,496
Oct 20203,13097036.972.48$118,120
Sep 20203,8371,15937.091.99$144,622
Aug 20202,7081,27339.982.39$111,302
Jul 20203,3992,69238.371.83$135,333
Jun 20203,9472,58034.901.69$142,111
May 20201,6501,96316.921.81$31,480
Apr 20203,3392,85514.751.80$54,402
Mar 20204,6244,01530.341.86$147,745
Feb 20203,5552,95249.881.98$183,170
Jan 20204,0133,37357.252.09$236,810
Dec 20194,1693,47859.012.30$254,027
Nov 20194,2443,47055.302.75$244,238
Oct 20194,7173,50553.472.42$260,695
Sep 20194,7473,66455.052.66$271,059
Aug 20194,8183,55953.112.30$264,085
Jul 20194,6983,43256.272.46$272,799
Jun 20194,4853,43752.782.49$245,281
May 20195,0743,54458.482.74$306,439
Apr 20194,8613,35962.632.75$313,684
Mar 20195,4573,54556.803.06$320,813
Feb 20195,8814,67750.852.79$312,108
Jan 20196,3355,43846.033.23$309,155
Dec 20186,4095,34646.594.19$320,971
Nov 20186,3734,72452.934.24$357,340
Oct 20187,4335,94561.443.40$476,885
Sep 20186,0425,31459.543.11$376,257
Aug 20186,2175,10559.403.07$384,945
Jul 20187,6876,56865.142.93$519,988
Jun 20186,8775,19460.183.08$429,839
May 20184,7464,40665.382.90$323,074
Apr 20185,3245,03663.842.90$354,493
Mar 20185,6875,28861.222.79$362,895
Feb 20184,5844,41261.782.77$295,404
Jan 20186,9645,31662.874.01$459,140
Dec 20177,6975,84757.272.92$457,889
Nov 20175,9585,11355.423.12$346,137
Oct 20176,0675,10749.292.98$314,280
Sep 20176,1835,74947.523.09$311,565
Aug 20177,0426,79245.373.00$339,901
Jul 20177,9607,19643.873.09$371,421
Jun 20178,6567,91542.493.09$392,229
May 201710,2828,77845.373.26$495,140
Apr 201711,4828,82447.933.21$578,671
Mar 201713,95110,96146.772.98$685,192
Feb 201716,68415,37450.452.95$887,101
Jan 201716,28014,48449.413.42$853,913
Dec 201623,21719,78548.763.72$1,205,717
Nov 201627,70724,01042.492.64$1,240,761
Oct 201626,35916,10146.193.09$1,267,278
Sep 20167,8666,45641.553.10$346,850

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                3,912 bbl  × $106.41 =   $416,276
Casinghead gas     3,714 Mcf  × $  3.05 =    $11,312

────────────────────────────────────────────────────
Month total                                 $427,588

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/48185 is the state's own key, not one this site invented.