ISAACS, JOHN C. JR. ET AL

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

Gas lease lease 275037District 10Field 152184002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.2 M
Jun 2014 – May 2026
Value, last 12 filed months
$164 k
at the published price for each month
Months reported
144
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 46 leases and 46 wells, and the rule below applies to all of them.

Discovered
1975-03-01
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 320 acres.

The Commission's schedule remark for this field reads: WELL.

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 Gas112015-05-20215853
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
CondensateDisposition37,250 bbl$2,511,414
GasProduction1,381,819 Mcf$4,700,656
Total$7,212,070

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 35.8679, -100.4591. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.86790, -100.45908 · 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
10,041 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 10,041 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-211352951994HW10,041 ftJun 2014

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 (144)

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

144 months

May 202602,153106.413.05$6,558
Apr 202602,05398.932.87$5,892
Mar 20261772,15289.753.15$22,663
Feb 20261962,29163.503.75$21,038
Jan 202602,13159.138.00$17,044
Dec 202502,41356.664.41$10,649
Nov 20251902,45958.593.93$20,787
Oct 202502,20659.383.30$7,290
Sep 202502,18862.743.08$6,732
Aug 20251832,59763.933.01$19,529
Jul 20251832,60866.743.32$20,859
Jun 202501,65566.483.13$5,178
May 202502,56060.553.23$8,275
Apr 202502,56762.363.54$9,095
Mar 20251902,44967.704.27$23,316
Feb 202502,27770.884.34$9,884
Jan 20251972,42874.324.28$25,030
Dec 202401,88168.993.12$5,871
Nov 202402,55569.052.20$5,617
Oct 20241922,68571.372.28$19,829
Sep 202402,61769.612.36$6,188
Aug 20241872,81075.632.06$19,942
Jul 202402,77579.932.15$5,957
Jun 202402,77678.082.63$7,312
May 20241932,86678.812.20$21,511
Apr 202402,72984.451.66$4,528
Mar 20241942,82080.301.55$19,935
Feb 202402,57376.091.78$4,589
Jan 20241962,72473.023.30$23,295
Dec 202303,26971.262.61$8,534
Nov 20231863,25577.892.81$23,626
Oct 202303,47185.443.09$10,716
Sep 20231893,52289.042.74$26,461
Aug 20231873,69280.522.67$24,926
Jul 202303,77674.852.64$9,975
Jun 20231923,64568.962.26$21,472
May 202304,01170.622.23$8,934
Apr 20231894,01378.122.24$23,745
Mar 20231894,17572.852.39$23,760
Feb 202302,76875.112.47$6,825
Jan 20231882,92376.533.39$24,290
Dec 202202,71376.415.73$15,543
Nov 20221892,89685.005.65$32,416
Oct 202203,11187.185.86$18,242
Sep 202203,08384.888.16$25,169
Aug 20221923,29894.529.13$48,249
Jul 202203,431101.587.54$25,877
Jun 20221792,814115.097.98$43,049
May 202203,546109.378.43$29,904
Apr 20221893,186104.226.84$41,482
Mar 202202,701108.885.08$13,711
Feb 202202,66291.054.86$12,934
Jan 20221833,09481.844.54$29,016
Dec 202103,31771.323.90$12,933
Nov 20211923,31477.435.24$32,221
Oct 202103,38779.795.71$19,353
Sep 20211953,26369.865.35$31,083
Aug 202103,48266.024.22$14,696
Jul 20211753,45870.783.98$26,157
Jun 20211713,26769.493.38$22,927
May 202103,45363.483.02$10,420
Apr 20211903,31860.362.76$20,621
Mar 202103,69461.302.72$10,036
Feb 20211903,01557.805.55$27,709
Jan 20211973,68550.412.81$20,287
Dec 202003,72344.642.68$9,961
Nov 202003,70038.772.71$10,014
Oct 20201653,60836.972.48$15,042
Sep 20203783,73137.091.99$21,449
Aug 20201834,82639.982.39$18,827
Jul 202003,22338.371.83$5,882
Jun 202003,79734.901.69$6,418
May 202003,70116.921.81$6,716
Apr 202003,54214.751.80$6,391
Mar 20201903,86730.341.86$12,943
Feb 202003,56749.881.98$7,065
Jan 20201963,50757.252.09$18,567
Dec 201903,61659.012.30$8,333
Nov 20191923,56355.302.75$20,418
Oct 201903,71553.472.42$8,985
Sep 20191893,64555.052.66$20,090
Aug 201903,80153.112.30$8,759
Jul 20191914,41756.272.46$21,614
Jun 201905,00852.782.49$12,476
May 20191883,75758.482.74$21,290
Apr 201903,72162.632.75$10,235
Mar 20191903,60956.803.06$21,843
Feb 201903,44050.852.79$9,605
Jan 20191834,08746.033.23$21,617
Dec 201804,46346.594.19$18,680
Nov 20181864,20252.934.24$27,650
Oct 201804,32861.443.40$14,707
Sep 20181824,45859.543.11$24,692
Aug 20181735,71259.403.07$27,792
Jul 201806,06165.142.93$17,770
Jun 20181716,32160.183.08$29,740
May 20181716,49365.382.90$30,015
Apr 201803,30163.842.90$9,576
Mar 20181833,29361.222.79$20,380
Feb 201802,76861.782.77$7,657
Jan 20181805,79962.874.01$34,567
Dec 20171826,46357.272.92$29,305
Nov 20171816,41955.423.12$30,048
Oct 201705,22449.292.98$15,587
Sep 20171856,82047.523.09$29,846
Aug 20171917,12745.373.00$30,078
Jul 201706,88243.873.09$21,247
Jun 20171807,61442.493.09$31,155
May 20173688,31245.373.26$43,822
Apr 20171768,61147.933.21$36,091
Mar 20171946,60346.772.98$28,775
Feb 20171898,18550.452.95$33,702
Jan 20171808,42249.413.42$37,687
Dec 2016010,44448.763.72$38,881
Nov 20161944,94342.492.64$21,314
Oct 201636210,51046.193.09$49,199
Sep 201619211,21241.553.10$42,742
Aug 201618711,50641.442.92$41,397
Jul 201638112,03941.622.92$51,063
Jun 201618613,05445.352.69$43,496
May 201618311,98942.521.99$31,652
Apr 201636813,32136.561.99$39,977
Mar 201636314,62333.011.79$38,216
Feb 201637214,42326.472.06$39,611
Jan 201656716,80927.352.36$55,250
Dec 201537516,05532.362.00$44,268
Nov 201537317,08938.792.17$51,506
Oct 201537119,04043.552.43$62,359
Sep 201555019,52642.992.76$77,505
Aug 201538321,64140.162.87$77,545
Jul 201557123,15248.152.95$95,678
Jun 201594724,87756.152.88$124,891
May 201538427,67255.212.96$102,984
Apr 201557128,98049.822.71$106,884
Mar 201594233,26442.892.93$138,023
Feb 201558334,40244.662.98$128,424
Jan 201575841,33343.433.10$161,078
Dec 20141,56848,53454.693.59$260,057
Nov 201495659,42870.464.25$320,038
Oct 20141,53480,50478.303.90$434,155
Sep 20142,14787,70386.164.05$539,783
Aug 20143,42693,55389.394.04$683,748
Jul 20144,54698,08496.564.18$848,914
Jun 20141,55336,35198.164.74$324,633

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                2,153 Mcf  × $  3.05 =     $6,558

────────────────────────────────────────────────────
Month total                                   $6,558

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/275037 is the state's own key, not one this site invented.