WATERFIELD, J.B.

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

Gas lease lease 275868District 10Field 604625002 tax incentive programmesCondensateGasSaveExport
Value, all time
$12.9 M
Oct 2013 – May 2026
Value, last 12 filed months
$298 k
at the published price for each month
Months reported
152
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 718 leases and 729 wells, and the rule below applies to all of them.

Discovered
1965-01-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
467 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2011-06-27.

The Commission's schedule remark for this field reads: WASH) FIELD EFFECTIVE 12/05/17.

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 Gas112015-05-20215852
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
CondensateDisposition116,504 bbl$8,818,717
GasProduction1,112,103 Mcf$4,042,275
Total$12,860,992

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 35.9010, -100.5809. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.90096, -100.58093 · 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
9,844 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 9,844 ft.

Completions filed
Oct 2013
1 of 1 wells

1 well

42-393325241041H9,844 ftOct 2013

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 (152)

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

152 months

May 202603,761106.413.05$11,455
Apr 20261923,54798.932.87$29,173
Mar 20261893,75889.753.15$28,798
Feb 20261843,68663.503.75$25,508
Jan 20261943,58759.138.00$40,160
Dec 20253573,89656.664.41$37,422
Nov 202503,87558.593.93$15,215
Oct 20251884,03859.383.30$24,508
Sep 20251733,99962.743.08$23,159
Aug 20251854,15963.933.01$24,365
Jul 20251883,98166.743.32$25,745
Jun 202503,84566.483.13$12,030
May 20253844,16260.553.23$36,704
Apr 20251954,21362.363.54$27,087
Mar 20251894,42567.704.27$31,683
Feb 20253834,05470.884.34$44,745
Jan 202504,41074.324.28$18,869
Dec 20241494,52068.993.12$24,388
Nov 20241914,25569.052.20$22,543
Oct 20243784,46971.372.28$37,173
Sep 20241724,39769.612.36$22,369
Aug 20241824,55675.632.06$23,167
Jul 20243794,60179.932.15$40,170
Jun 20241884,54678.082.63$26,653
May 20245464,73478.812.20$53,438
Apr 20241984,63284.451.66$24,407
Mar 20241764,84680.301.55$21,621
Feb 20243704,37676.091.78$35,959
Jan 20243764,76173.023.30$43,156
Dec 20237424,80671.262.61$65,422
Nov 20233684,51877.892.81$41,348
Oct 20233964,53585.443.09$47,835
Sep 20231853,71789.042.74$26,639
Aug 20233463,83080.522.67$38,097
Jul 20233733,67374.852.64$37,622
Jun 20231833,56568.962.26$20,671
May 20235593,63770.622.23$47,578
Apr 202303,47778.122.24$7,781
Mar 20235553,60072.852.39$49,047
Feb 20233713,22975.112.47$35,827
Jan 20231843,55376.533.39$26,118
Dec 20223893,67776.415.73$50,789
Nov 20223843,58485.005.65$52,876
Oct 20221943,58387.185.86$37,923
Sep 20225363,47284.888.16$73,840
Aug 20225463,45894.529.13$83,170
Jul 20221773,275101.587.54$42,680
Jun 20223623,060115.097.98$66,073
May 20223593,096109.378.43$65,373
Apr 20223813,016104.226.84$60,330
Mar 20225073,056108.885.08$70,716
Feb 20221492,66991.054.86$26,535
Jan 20221883,13081.844.54$29,589
Dec 20215663,14371.323.90$52,622
Nov 20215563,02677.435.24$58,898
Oct 202102,99379.795.71$17,102
Sep 20213692,60569.865.35$39,717
Aug 20215672,48366.024.22$47,913
Jul 20211832,53870.783.98$23,059
Jun 20213912,44769.493.38$35,443
May 20217522,62663.483.02$55,661
Apr 20211902,59560.362.76$18,627
Mar 20217782,73661.302.72$55,125
Feb 20211902,42157.805.55$24,414
Jan 20211902,66950.412.81$17,079
Dec 20201953,02544.642.68$16,798
Nov 20201933,01838.772.71$15,651
Oct 20203823,06836.972.48$21,726
Sep 20201793,01537.091.99$12,642
Aug 20201883,19839.982.39$15,144
Jul 20201883,34438.371.83$13,317
Jun 202003,30834.901.69$5,592
May 202003,65316.921.81$6,629
Apr 20201893,64414.751.80$9,363
Mar 20205513,72830.341.86$23,637
Feb 20201903,00549.881.98$15,429
Jan 20201823,63157.252.09$18,026
Dec 201903,65659.012.30$8,425
Nov 20191913,63255.302.75$20,553
Oct 20191934,00053.472.42$19,994
Sep 20191933,85955.052.66$20,879
Aug 20191884,04053.112.30$19,294
Jul 20191904,10056.272.46$20,778
Jun 20193803,99552.782.49$30,009
May 20191894,15658.482.74$22,441
Apr 20191894,07162.632.75$23,035
Mar 20195614,56756.803.06$45,849
Feb 20191953,84150.852.79$20,641
Jan 20191894,25246.033.23$22,426
Dec 20181924,32446.594.19$27,043
Nov 20181944,26752.934.24$28,349
Oct 20181864,51461.443.40$26,767
Sep 20183454,47159.543.11$34,437
Aug 20181944,66159.403.07$25,817
Jul 20183854,72565.142.93$38,932
Jun 20181784,72560.183.08$25,250
May 20185665,12465.382.90$51,869
Apr 201805,28163.842.90$15,319
Mar 20185785,07661.222.79$49,531
Feb 20183544,71961.782.77$34,923
Jan 20183835,73062.874.01$47,053
Dec 20171705,23857.272.92$25,039
Nov 20177585,35455.423.12$58,704
Oct 20175415,85049.292.98$44,120
Sep 20173755,86147.523.09$35,915
Aug 20175526,29445.373.00$43,954
Jul 20175536,37443.873.09$43,938
Jun 20173506,14042.493.09$33,827
May 20173456,59245.373.26$37,165
Apr 20175206,36947.933.21$45,378
Mar 20175657,25546.772.98$48,072
Feb 20171905,51250.452.95$25,860
Jan 20179066,62649.413.42$67,418
Dec 20161837,09548.763.72$35,337
Nov 20163696,71942.492.64$33,446
Oct 20167647,34246.193.09$57,978
Sep 20167437,11941.553.10$52,945
Aug 20165657,87641.442.92$46,446
Jul 20167487,81241.622.92$53,977
Jun 20165447,61545.352.69$45,123
May 20167258,13742.521.99$47,028
Apr 20165458,31136.561.99$36,473
Mar 20169448,79733.011.79$46,943
Feb 20167118,45626.472.06$36,270
Jan 20167798,93827.352.36$42,438
Dec 20157738,82532.362.00$42,677
Nov 20159208,94238.792.17$55,067
Oct 20157479,30943.552.43$55,121
Sep 20151,2999,23542.992.76$81,318
Aug 201573210,25340.162.87$58,849
Jul 20151,0689,98048.152.95$80,816
Jun 20151,1359,98656.152.88$92,518
May 20151,27810,43155.212.96$101,387
Apr 20151,0849,96849.822.71$80,984
Mar 20151,11010,53042.892.93$78,510
Feb 20159329,69244.662.98$70,468
Jan 20151,09112,85843.433.10$87,250
Dec 20141,12112,34354.693.59$105,636
Nov 201494313,01470.464.25$121,777
Oct 20141,43814,68378.303.90$169,873
Sep 20141,49315,59686.164.05$191,730
Aug 20142,05118,28289.394.04$257,109
Jul 20141,66519,87096.564.18$243,821
Jun 20142,37120,92798.164.74$331,866
May 20142,85724,33294.734.73$385,650
Apr 20142,85424,18995.944.81$390,141
Mar 20143,24130,10795.895.06$463,025
Feb 20143,26530,94497.406.19$509,616
Jan 20145,32645,18990.404.86$701,121
Dec 20137,64866,80891.824.35$993,153
Nov 201315,69682,95788.853.74$1,704,706
Oct 201310,79920,16197.423.78$1,128,234

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                3,761 Mcf  × $  3.05 =    $11,455

────────────────────────────────────────────────────
Month total                                  $11,455

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/275868 is the state's own key, not one this site invented.