FLOYD

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 262389District 10Field 538692702 tax incentive programmesCondensateGasSaveExport
Value, all time
$14.0 M
Apr 2011 – May 2026
Value, last 12 filed months
$184 k
at the published price for each month
Months reported
182
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 Gas112012-09-25205662
NGPA1none

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
CondensateDisposition59,250 bbl$5,260,822
GasProduction2,472,840 Mcf$8,734,464
Total$13,995,285

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 36.3318, -100.0018. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.33179, -100.00179 · 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
7,619 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 7,619 ft.

Completions filed
Apr 2011
1 of 1 wells

1 well

42-295336583H7,619 ftApr 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 (182)

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

182 months

May 202603,360106.413.05$10,234
Apr 202603,31898.932.87$9,522
Mar 202603,71089.753.15$11,684
Feb 20261923,84863.503.75$26,623
Jan 202602,95259.138.00$23,610
Dec 202503,46456.664.41$15,288
Nov 202503,96858.593.93$15,580
Oct 202503,41659.383.30$11,289
Sep 202503,66862.743.08$11,286
Aug 202503,87663.933.01$11,685
Jul 20251893,80366.743.32$25,222
Jun 202503,75066.483.13$11,733
May 202504,07660.553.23$13,175
Apr 202503,74862.363.54$13,280
Mar 202504,37467.704.27$18,670
Feb 20251973,40370.884.34$28,735
Jan 202504,19574.324.28$17,949
Dec 202404,21668.993.12$13,160
Nov 202404,15169.052.20$9,126
Oct 202404,45771.372.28$10,168
Sep 20241934,27569.612.36$23,542
Aug 202404,36175.632.06$8,999
Jul 202404,57279.932.15$9,814
Jun 202404,16778.082.63$10,976
May 20241914,62878.812.20$25,227
Apr 202404,78284.451.66$7,934
Mar 202404,03380.301.55$6,232
Feb 202404,36576.091.78$7,786
Jan 20241894,74873.023.30$29,458
Dec 202304,69271.262.61$12,250
Nov 20231864,65077.892.81$27,543
Oct 202304,91585.443.09$15,174
Sep 202305,62789.042.74$15,390
Aug 202302,91880.522.67$7,799
Jul 202303,95074.852.64$10,435
Jun 202304,03568.962.26$9,113
May 20231884,11970.622.23$22,451
Apr 202304,23778.122.24$9,481
Mar 202304,51172.852.39$10,796
Feb 202304,22575.112.47$10,418
Jan 20231914,66576.533.39$30,421
Dec 202204,30676.415.73$24,669
Nov 202204,73385.005.65$26,723
Oct 202204,51987.185.86$26,498
Sep 20221894,54784.888.16$53,163
Aug 202204,94894.529.13$45,161
Jul 202204,798101.587.54$36,187
Jun 202204,768115.097.98$38,035
May 20221884,964109.378.43$62,423
Apr 202204,775104.226.84$32,650
Mar 202204,759108.885.08$24,159
Feb 202204,40491.054.86$21,398
Jan 20221915,04581.844.54$38,524
Dec 202105,19271.323.90$20,244
Nov 20211904,45777.435.24$38,052
Oct 202104,35379.795.71$24,872
Sep 202104,19869.865.35$22,463
Aug 202104,31966.024.22$18,229
Jul 202104,47470.783.98$17,816
Jun 202104,74069.493.38$16,024
May 202104,55863.483.02$13,755
Apr 20211954,74560.362.76$24,859
Mar 202105,13061.302.72$13,938
Feb 20211893,55957.805.55$30,669
Jan 20211915,20950.412.81$24,267
Dec 202005,20044.642.68$13,912
Nov 202004,50738.772.71$12,199
Oct 202005,03336.972.48$12,474
Sep 202004,93937.091.99$9,834
Aug 202004,45339.982.39$10,621
Jul 202004,53238.371.83$8,271
Jun 202004,86134.901.69$8,217
May 202005,00316.921.81$9,079
Apr 202004,84614.751.80$8,744
Mar 20201905,03630.341.86$15,113
Feb 202004,63549.881.98$9,180
Jan 202005,00757.252.09$10,488
Dec 201904,87859.012.30$11,241
Nov 201905,08055.302.75$13,974
Oct 20191895,30953.472.42$22,946
Sep 201905,18655.052.66$13,781
Aug 201905,10653.112.30$11,766
Jul 201905,27056.272.46$12,965
Jun 201905,11152.782.49$12,733
May 201905,28058.482.74$14,469
Apr 201906,71162.632.75$18,460
Mar 20191954,97256.803.06$26,301
Feb 201906,19050.852.79$17,284
Jan 20191956,87446.033.23$31,166
Dec 201806,45446.594.19$27,013
Nov 201806,87352.934.24$29,123
Oct 20181917,41461.443.40$36,928
Sep 201806,98659.543.11$21,712
Aug 201806,87159.403.07$21,070
Jul 201806,57765.142.93$19,283
Jun 201806,89660.183.08$21,218
May 20181947,06465.382.90$33,175
Apr 201806,92163.842.90$20,076
Mar 201807,22261.222.79$20,127
Feb 20181977,13861.782.77$31,915
Jan 201807,15062.874.01$28,667
Dec 201706,64157.272.92$19,402
Nov 20171977,18555.423.12$33,323
Oct 201708,02149.292.98$23,932
Sep 201707,96747.523.09$24,596
Aug 20171938,22545.373.00$33,468
Jul 201708,38643.873.09$25,890
Jun 20171947,02942.493.09$29,944
May 201707,86845.373.26$25,676
Apr 201707,68047.933.21$24,665
Mar 201708,39046.772.98$25,033
Feb 20171997,85550.452.95$33,232
Jan 201708,91549.413.42$30,479
Dec 20161999,24248.763.72$44,110
Nov 201608,78042.492.64$23,217
Oct 20161959,17446.193.09$37,357
Sep 201609,16641.553.10$28,420
Aug 20161919,68441.442.92$36,234
Jul 201609,88341.622.92$28,901
Jun 20161959,87845.352.69$35,374
May 2016010,25242.521.99$20,412
Apr 201619210,05736.561.99$27,043
Mar 201609,06933.011.79$16,270
Feb 20163899,14726.472.06$29,173
Jan 201619210,45727.352.36$29,975
Dec 201519410,24132.362.00$26,774
Nov 201509,51138.792.17$20,613
Oct 2015010,11043.552.43$24,533
Sep 20151879,69242.992.76$34,774
Aug 2015010,49140.162.87$30,135
Jul 201519710,80148.152.95$41,295
Jun 20151979,89656.152.88$39,590
May 201519910,21755.212.96$41,183
Apr 2015010,16849.822.71$27,520
Mar 201520110,63442.892.93$39,829
Feb 201520110,41544.662.98$39,974
Jan 2015011,35343.433.10$35,201
Dec 201420211,96254.693.59$54,007
Nov 201419912,49270.464.25$67,136
Oct 201458313,20478.303.90$97,157
Sep 2014011,80286.164.05$47,744
Aug 201419211,75689.394.04$64,600
Jul 2014011,59296.564.18$48,450
Jun 201419310,82198.164.74$70,203
May 201419311,98094.734.73$74,907
Apr 201439112,43395.944.81$97,304
Mar 201420013,51895.895.06$87,536
Feb 201439612,81797.406.19$117,933
Jan 201439915,34190.404.86$110,638
Dec 201340015,97891.824.35$106,304
Nov 2013015,56088.853.74$58,168
Oct 201319614,78597.423.78$74,972
Sep 2013015,688104.113.72$58,324
Aug 201319415,332104.253.52$74,233
Jul 2013014,835102.523.72$55,153
Jun 201319217,17794.403.93$85,689
May 201338418,69994.834.15$113,998
Apr 201359123,06693.964.28$154,313
Mar 201339424,43293.623.91$132,486
Feb 201319823,15291.233.42$97,241
Jan 201358427,39591.603.42$147,183
Dec 201219928,76386.773.42$115,641
Nov 201239228,74586.953.62$138,284
Oct 201219530,36189.383.40$120,647
Sep 201238530,57394.672.92$125,672
Aug 201238735,04792.662.91$137,782
Jul 201257737,57485.133.02$162,624
Jun 201257638,01779.822.52$141,743
May 201238741,11391.612.49$137,755
Apr 201258843,704101.652.00$147,038
Mar 201258242,457105.052.22$155,482
Feb 201298649,617101.102.57$227,212
Jan 201256860,78398.092.73$221,901
Dec 20111,78264,81696.873.24$382,609
Nov 20111,60173,94495.723.31$398,097
Oct 20111,99787,39384.983.65$488,562
Sep 20112,78792,19583.623.99$600,520
Aug 20113,501105,99783.404.15$731,799
Jul 20115,75597,88194.144.52$983,928
Jun 20116,732104,30092.904.64$1,109,342
May 201110,019130,35698.134.40$1,557,359
Apr 20115,06153,594105.964.33$768,501

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                3,360 Mcf  × $  3.05 =    $10,234

────────────────────────────────────────────────────
Month total                                  $10,234

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/262389 is the state's own key, not one this site invented.