SHARE TRUST "54"

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

Gas lease lease 249702District 10Field 84300700CondensateGasSaveExport
Value, all time
$1.3 M
Mar 2009 – May 2026
Value, last 12 filed months
$47 k
at the published price for each month
Months reported
207
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 19 leases and 19 wells, and the rule below applies to all of them.

Discovered
2007-12-18
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2008-01-01.

The Commission's schedule remark for this field reads: SUSPENSION OF ALLOCATION FORMULA.

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
CondensateDisposition1,018 bbl$65,381
GasProduction354,657 Mcf$1,274,381
Total$1,339,762

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 36.4713, -100.8645. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.47128, -100.86455 · 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
8,200 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 8,200 ft.

Completions filed
Mar 2009
1 of 1 wells

1 well

42-3573273718,200 ftMar 2009

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 (207)

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

207 months

May 202601,019106.413.05$3,104
Apr 2026097698.932.87$2,801
Mar 202601,12189.753.15$3,531
Feb 2026099563.503.75$3,732
Jan 2026098859.138.00$7,902
Dec 202501,11956.664.41$4,939
Nov 202501,04958.593.93$4,119
Oct 2025095759.383.30$3,163
Sep 2025094862.743.08$2,917
Aug 202501,10963.933.01$3,343
Jul 202501,17666.743.32$3,899
Jun 202501,08866.483.13$3,404
May 202501,20760.553.23$3,901
Apr 202501,06962.363.54$3,788
Mar 202501,11367.704.27$4,751
Feb 2025079370.884.34$3,442
Jan 2025098174.324.28$4,197
Dec 202401,17368.993.12$3,661
Nov 202401,10069.052.20$2,418
Oct 202401,10871.372.28$2,528
Sep 202401,10569.612.36$2,613
Aug 20241631,17075.632.06$14,742
Jul 202401,23079.932.15$2,640
Jun 202401,10778.082.63$2,916
May 202401,13578.812.20$2,495
Apr 2024081284.451.66$1,347
Mar 2024068480.301.55$1,057
Feb 2024072276.091.78$1,288
Jan 2024091373.023.30$3,011
Dec 2023094071.262.61$2,454
Nov 2023097477.892.81$2,735
Oct 2023083685.443.09$2,581
Sep 2023083789.042.74$2,289
Aug 2023095380.522.67$2,547
Jul 2023090974.852.64$2,401
Jun 2023099268.962.26$2,240
May 202301,24470.622.23$2,771
Apr 202301,20978.122.24$2,705
Mar 202301,20572.852.39$2,884
Feb 202301,18675.112.47$2,924
Jan 202301,21876.533.39$4,126
Dec 202201,25576.415.73$7,190
Nov 202201,20285.005.65$6,787
Oct 202201,31187.185.86$7,687
Sep 202201,18784.888.16$9,690
Aug 202201,24294.529.13$11,336
Jul 202201,147101.587.54$8,651
Jun 202201,247115.097.98$9,948
May 202201,234109.378.43$10,406
Apr 202201,231104.226.84$8,417
Mar 202201,282108.885.08$6,508
Feb 2022098991.054.86$4,805
Jan 202201,24481.844.54$5,645
Dec 202101,23971.323.90$4,831
Nov 202101,27377.435.24$6,667
Oct 202101,21379.795.71$6,931
Sep 202101,20069.865.35$6,421
Aug 202101,28666.024.22$5,428
Jul 202101,26270.783.98$5,025
Jun 202101,17269.493.38$3,962
May 202101,31263.483.02$3,959
Apr 202101,29560.362.76$3,572
Mar 202101,40761.302.72$3,823
Feb 2021084257.805.55$4,671
Jan 202101,32950.412.81$3,735
Dec 202001,26244.642.68$3,376
Nov 202001,28438.772.71$3,475
Oct 202001,11436.972.48$2,761
Sep 202001,28237.091.99$2,553
Aug 202001,25739.982.39$2,998
Jul 202001,27738.371.83$2,331
Jun 202001,18234.901.69$1,998
May 202001,25516.921.81$2,278
Apr 20201851,28914.751.80$5,055
Mar 202001,25630.341.86$2,331
Feb 202001,31349.881.98$2,601
Jan 202001,26657.252.09$2,652
Dec 201901,37659.012.30$3,171
Nov 201901,33655.302.75$3,675
Oct 201901,40053.472.42$3,386
Sep 201901,30755.052.66$3,473
Aug 201901,30753.112.30$3,012
Jul 201901,47056.272.46$3,616
Jun 201901,42352.782.49$3,545
May 201901,22058.482.74$3,343
Apr 201901,44862.632.75$3,983
Mar 201901,23456.803.06$3,779
Feb 201901,37250.852.79$3,831
Jan 201901,44046.033.23$4,649
Dec 201801,22146.594.19$5,110
Nov 201801,42552.934.24$6,038
Oct 201801,39261.443.40$4,730
Sep 201801,52859.543.11$4,749
Aug 201801,41959.403.07$4,351
Jul 201801,51965.142.93$4,454
Jun 201801,38460.183.08$4,258
May 201801,43665.382.90$4,166
Apr 201801,41063.842.90$4,090
Mar 201801,50261.222.79$4,186
Feb 201801,34361.782.77$3,715
Jan 201801,48662.874.01$5,958
Dec 201701,48757.272.92$4,344
Nov 201701,57755.423.12$4,918
Oct 201701,50149.292.98$4,479
Sep 201701,26247.523.09$3,896
Aug 201701,60145.373.00$4,810
Jul 201701,54643.873.09$4,773
Jun 201701,59942.493.09$4,937
May 201701,59045.373.26$5,189
Apr 201701,49147.933.21$4,789
Mar 201701,53146.772.98$4,568
Feb 201701,51750.452.95$4,479
Jan 201701,54649.413.42$5,285
Dec 201601,39248.763.72$5,182
Nov 201601,58842.492.64$4,199
Oct 201601,64346.193.09$5,077
Sep 201601,68541.553.10$5,225
Aug 201601,53941.442.92$4,501
Jul 201601,67641.622.92$4,901
Jun 20161871,62445.352.69$12,842
May 201601,63342.521.99$3,251
Apr 201601,63336.561.99$3,251
Mar 201601,76533.011.79$3,166
Feb 201601,60126.472.06$3,304
Jan 201601,70027.352.36$4,019
Dec 201501,64132.362.00$3,284
Nov 201501,73638.792.17$3,762
Oct 201501,76643.552.43$4,285
Sep 201501,73942.992.76$4,797
Aug 201501,87240.162.87$5,377
Jul 201501,88748.152.95$5,557
Jun 201501,78356.152.88$5,140
May 201501,95555.212.96$5,778
Apr 201501,88049.822.71$5,088
Mar 201502,15042.892.93$6,310
Feb 201501,37944.662.98$4,104
Jan 201501,61243.433.10$4,998
Dec 201401,88554.693.59$6,770
Nov 201401,65670.464.25$7,041
Oct 201401,74978.303.90$6,823
Sep 201401,88086.164.05$7,605
Aug 201401,95089.394.04$7,868
Jul 201401,96396.564.18$8,205
Jun 201401,97398.164.74$9,346
May 201401,97494.734.73$9,330
Apr 201402,16095.944.81$10,388
Mar 20141082,51195.895.06$23,054
Feb 2014089997.406.19$5,567
Jan 201402,05390.404.86$9,979
Dec 201301,57291.824.35$6,845
Nov 201301,81288.853.74$6,774
Oct 201302,09197.423.78$7,903
Sep 201301,797104.113.72$6,681
Aug 201301,891104.253.52$6,661
Jul 201302,216102.523.72$8,239
Jun 201301,64194.403.93$6,455
May 201302,06694.834.15$8,572
Apr 201301,88093.964.28$8,051
Mar 201301,90193.623.91$7,438
Feb 201301,99691.233.42$6,826
Jan 201302,79391.603.42$9,552
Dec 201201,83086.773.42$6,259
Nov 20121921,89086.953.62$23,546
Oct 201201,66689.383.40$5,664
Sep 201201,50894.672.92$4,401
Aug 201201,98292.662.91$5,764
Jul 201202,40085.133.02$7,250
Jun 201202,21079.822.52$5,567
May 201202,20291.612.49$5,479
Apr 201202,266101.652.00$4,525
Mar 201202,271105.052.22$5,046
Feb 201202,312101.102.57$5,942
Jan 201202,18598.092.73$5,974
Dec 201102,11496.873.24$6,849
Nov 201102,47295.723.31$8,185
Oct 201102,50284.983.65$9,129
Sep 201102,43483.623.99$9,701
Aug 201102,79883.404.15$11,610
Jul 201102,50494.144.52$11,311
Jun 201102,66492.904.64$12,361
May 201102,78798.134.40$12,276
Apr 201102,339105.964.33$10,136
Mar 201102,49996.364.06$10,139
Feb 201102,21685.644.18$9,263
Jan 201102,44586.504.59$11,220
Dec 201002,64085.734.35$11,478
Nov 20101832,46580.843.80$24,149
Oct 201002,68078.103.51$9,404
Sep 201002,90072.633.98$11,540
Aug 201003,21873.684.42$14,222
Jul 201003,34572.554.74$15,844
Jun 201003,08170.364.91$15,129
May 201002,88271.124.24$12,206
Apr 201002,78281.694.12$11,469
Mar 201003,42478.394.39$15,027
Feb 201003,20373.585.44$17,432
Jan 201003,55474.365.96$21,196
Dec 200903,69471.445.48$20,257
Nov 200903,72974.593.75$13,989
Oct 200903,90272.544.11$16,038
Sep 200903,71865.543.06$11,395
Aug 200903,82767.423.22$12,317
Jul 200903,93861.133.46$13,643
Jun 200903,85766.163.90$15,023
May 200903,99854.743.93$15,695
Apr 200904,19946.773.59$15,064
Mar 200903,38342.144.06$13,732

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             0 bbl  × $106.41 =         $0
Gas                1,019 Mcf  × $  3.05 =     $3,104

────────────────────────────────────────────────────
Month total                                   $3,104

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. 10/G/249702 is the state's own key, not one this site invented.