PRICE

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

Gas lease lease 262257District 10Field 538692702 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
Mar 2011 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
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 1,389 leases and 1,486 wells, and the rule below applies to all of them.

Discovered
1958-05-24
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 40 acres. The field rule took effect on 2013-08-06.

The Commission's schedule remark for this field reads: FIELD

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112012-12-15207838
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition16,182 bbl$1,142,425
GasProduction879,708 Mcf$2,895,643
Total$4,038,068

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 36.2678, -100.1289. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.26781, -100.12889 · 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
7,742 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 7,742 ft.

Completions filed
Mar 2011
1 of 1 wells

1 well

42-295336226983H7,742 ftMar 2011

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 (183)

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

183 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
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
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202301875.112.47$44
Jan 2023034576.533.39$1,169
Dec 2022020676.415.73$1,180
Nov 20220585.005.65$28
Oct 202208387.185.86$487
Sep 2022029084.888.16$2,367
Aug 2022040294.529.13$3,669
Jul 2022061101.587.54$460
Jun 20220157115.097.98$1,252
May 20220773109.378.43$6,519
Apr 20221851,308104.226.84$28,224
Mar 202201,488108.885.08$7,554
Feb 202201,32291.054.86$6,423
Jan 202201,68681.844.54$7,651
Dec 202101,98371.323.90$7,732
Nov 202101,58077.435.24$8,274
Oct 202115965879.795.71$16,446
Sep 202101,22369.865.35$6,544
Aug 202101,22166.024.22$5,153
Jul 202101,38270.783.98$5,503
Jun 2021077069.493.38$2,603
May 20211831,25363.483.02$15,398
Apr 202101,27660.362.76$3,520
Mar 202101,57261.302.72$4,271
Feb 202101,56257.805.55$8,666
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 202003037.091.99$60
Aug 202002939.982.39$69
Jul 202002038.371.83$37
Jun 2020056834.901.69$960
May 202001,34916.921.81$2,448
Apr 202001,27814.751.80$2,306
Mar 202001,56230.341.86$2,899
Feb 202001,82349.881.98$3,611
Jan 202002,95357.252.09$6,186
Dec 20191903,19559.012.30$18,574
Nov 201902,30355.302.75$6,335
Oct 201902,66053.472.42$6,433
Sep 201903,04855.052.66$8,099
Aug 201903,03453.112.30$6,991
Jul 20191853,37156.272.46$18,703
Jun 201903,38352.782.49$8,428
May 201903,52358.482.74$9,654
Apr 201903,76462.632.75$10,354
Mar 201904,06356.803.06$12,441
Feb 201903,55250.852.79$9,918
Jan 20191883,13946.033.23$18,787
Dec 201803,33146.594.19$13,942
Nov 201802,60952.934.24$11,055
Oct 201803,64461.443.40$12,383
Sep 20181874,37859.543.11$24,741
Aug 201804,62259.403.07$14,174
Jul 201804,33465.142.93$12,707
Jun 201804,21160.183.08$12,957
May 20181844,55065.382.90$25,229
Apr 201802,58263.842.90$7,490
Mar 2018048461.222.79$1,349
Feb 201803,74061.782.77$10,345
Jan 20181924,56762.874.01$30,382
Dec 201704,62657.272.92$13,515
Nov 201704,50355.423.12$14,042
Oct 20171925,58349.292.98$26,122
Sep 201705,84647.523.09$18,048
Aug 201706,62845.373.00$19,913
Jul 20171926,52443.873.09$28,564
Jun 201707,23242.493.09$22,327
May 20171938,46845.373.26$36,391
Apr 201704,23747.933.21$13,608
Mar 201707,62446.772.98$22,748
Feb 20171955,73050.452.95$26,756
Jan 201705,33649.413.42$18,243
Dec 201603,84848.763.72$14,325
Nov 20161963,33942.492.64$17,158
Oct 201619811,85346.193.09$45,774
Sep 20161958,95041.553.10$35,853
Aug 201608,84441.442.92$25,863
Jul 201618911,86841.622.92$42,572
Jun 2016012,60245.352.69$33,847
May 201619614,73342.521.99$37,668
Apr 201619516,03536.561.99$39,056
Mar 2016016,81833.011.79$30,172
Feb 201619516,17626.472.06$38,543
Jan 201639818,27427.352.36$54,092
Dec 201578824,94332.362.00$75,421
Nov 20152,27424,02338.792.17$140,274
Oct 201503,46443.552.43$8,406
Sep 20151953,11042.992.76$16,962
Aug 201501,94240.162.87$5,578
Jul 201503,65248.152.95$10,755
Jun 201503,89656.152.88$11,232
May 201502,83255.212.96$8,370
Apr 20151951,88049.822.71$14,803
Mar 201503,38742.892.93$9,940
Feb 201502,24544.662.98$6,682
Jan 201503,21943.433.10$9,981
Dec 201403,61954.693.59$12,997
Nov 201403,82170.464.25$16,246
Oct 20141984,07278.303.90$31,388
Sep 201403,65386.164.05$14,778
Aug 201403,50689.394.04$14,147
Jul 201403,50596.564.18$14,650
Jun 20141954,41898.164.74$40,069
May 201404,41994.734.73$20,887
Apr 201404,15795.944.81$19,992
Mar 20141974,24695.895.06$40,362
Feb 201403,18697.406.19$19,728
Jan 201405,08690.404.86$24,722
Dec 201305,22591.824.35$22,752
Nov 20133905,32688.853.74$54,562
Oct 201305,67897.423.78$21,459
Sep 201305,378104.113.72$19,994
Aug 201305,278104.253.52$18,592
Jul 201305,430102.523.72$20,187
Jun 20131917,22094.403.93$46,430
May 201305,69894.834.15$23,641
Apr 20131935,94393.964.28$43,586
Mar 201306,39993.623.91$25,038
Feb 201305,54891.233.42$18,974
Jan 20131966,83491.603.42$41,325
Dec 20121977,29786.773.42$42,051
Nov 201207,86986.953.62$28,525
Oct 20121967,45989.383.40$42,877
Sep 201206,85694.672.92$20,009
Aug 20121959,33192.662.91$45,205
Jul 201207,95185.133.02$24,018
Jun 201219210,25579.822.52$41,158
May 201218911,80091.612.49$46,676
Apr 2012012,175101.652.00$24,311
Mar 201219711,647105.052.22$46,575
Feb 2012012,281101.102.57$31,565
Jan 201239314,94498.092.73$79,407
Dec 201139916,90296.873.24$93,409
Nov 201119417,57695.723.31$76,769
Oct 201158020,30584.983.65$123,372
Sep 201138922,49883.623.99$122,201
Aug 201138323,10283.404.15$127,800
Jul 201138419,68494.144.52$125,067
Jun 201138121,60192.904.64$135,621
May 201196527,31398.134.40$215,004
Apr 201177825,201105.964.33$191,640
Mar 201197139,42396.364.06$253,518

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.

Feb 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 75.11 =         $0
Gas                   18 Mcf  × $  2.47 =        $44

────────────────────────────────────────────────────
Month total                                      $44

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/262257 is the state's own key, not one this site invented.