MineralRecord
Log inSign up

ISAACS 208

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 278400District 10Field 604625002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.8 M
Jul 2015 – May 2026
Value, last 12 filed months
$290 k
at the published price for each month
Months reported
131
no gaps in the span
Streams
2
condensate, gas

The MENDOTA, NW. (GRANITE WASH) field

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 Gas112016-04-22217901
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
CondensateDisposition30,487 bbl$1,494,504
GasProduction2,161,398 Mcf$6,286,465
Total$7,780,969

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 35.8642, -100.4599. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.86424, -100.45993 · 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
10,097 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 10,097 ft.

Completions filed
Jul 2015
1 of 1 wells

1 well

42-211354281HW10,097 ftJul 2015——

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 (131)

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

131 months

May 20261505,110106.413.05$31,526
Apr 202604,11998.932.87$11,820
Mar 202604,53989.753.15$14,295
Feb 20261914,31863.503.75$28,322
Jan 202604,32259.138.00$34,567
Dec 20251915,49656.664.41$35,078
Nov 202505,32658.593.93$20,912
Oct 202505,15959.383.30$17,050
Sep 202505,33762.743.08$16,422
Aug 20251895,62763.933.01$29,047
Jul 202506,15766.743.32$20,412
Jun 20251855,81466.483.13$30,489
May 202506,26260.553.23$20,241
Apr 20251926,00062.363.54$33,232
Mar 202505,53667.704.27$23,629
Feb 20251994,64070.884.34$34,247
Jan 202505,26274.324.28$22,514
Dec 20241995,67168.993.12$31,430
Nov 202405,54869.052.20$12,197
Oct 20241926,05571.372.28$27,517
Sep 202405,85969.612.36$13,853
Aug 20241825,83275.632.06$25,800
Jul 202405,15079.932.15$11,055
Jun 20241924,74778.082.63$27,495
May 202404,94678.812.20$10,873
Apr 202404,98084.451.66$8,263
Mar 20241954,46780.301.55$22,561
Feb 202404,75376.091.78$8,478
Jan 20241964,79773.023.30$30,131
Dec 202305,55571.262.61$14,503
Nov 202305,88777.892.81$16,528
Oct 20231946,00485.443.09$35,111
Sep 202305,36989.042.74$14,684
Aug 202306,07280.522.67$16,230
Jul 20231905,33574.852.64$28,316
Jun 202305,51368.962.26$12,451
May 202306,23970.622.23$13,897
Apr 20231945,91778.122.24$28,396
Mar 202306,99872.852.39$16,747
Feb 202305,51575.112.47$13,598
Jan 20231985,12676.533.39$32,518
Dec 202204,52376.415.73$25,913
Nov 20221946,83685.005.65$55,087
Oct 202207,11287.185.86$41,703
Sep 20221937,05184.888.16$73,944
Aug 202207,63394.529.13$69,668
Jul 20221897,362101.587.54$74,723
Jun 20221847,034115.097.98$77,288
May 202206,829109.378.43$57,589
Apr 20221867,199104.226.84$68,609
Mar 202207,175108.885.08$36,423
Feb 20221955,67091.054.86$45,304
Jan 202207,73481.844.54$35,094
Dec 20211897,60271.323.90$43,121
Nov 202108,24777.435.24$43,188
Oct 20211958,70079.795.71$65,270
Sep 202106,49269.865.35$34,738
Aug 20211886,38566.024.22$39,360
Jul 202106,51570.783.98$25,943
Jun 20211836,25869.493.38$33,873
May 202105,97663.483.02$18,034
Apr 202106,29960.362.76$17,375
Mar 20211895,95661.302.72$27,768
Feb 202103,28957.805.55$18,247
Jan 202105,20650.412.81$14,630
Dec 202006,45144.642.68$17,259
Nov 20201935,84538.772.71$23,303
Oct 202006,29236.972.48$15,594
Sep 20201905,70737.091.99$18,410
Aug 202006,95039.982.39$16,576
Jul 202005,17238.371.83$9,440
Jun 202005,73634.901.69$9,696
May 202005,43616.921.81$9,865
Apr 20202586,03114.751.80$14,688
Mar 202005,43730.341.86$10,092
Feb 202005,62549.881.98$11,141
Jan 20201917,51457.252.09$26,675
Dec 201908,40959.012.30$19,377
Nov 201906,95455.302.75$19,128
Oct 20191938,26053.472.42$30,297
Sep 2019010,04555.052.66$26,692
Aug 201919310,90253.112.30$35,372
Jul 201919012,39256.272.46$41,176
Jun 201902,75052.782.49$6,851
May 201906,14658.482.74$16,842
Apr 20191919,14462.632.75$37,115
Mar 201906,37356.803.06$19,515
Feb 20191996,01250.852.79$26,906
Jan 201919510,90546.033.23$44,179
Dec 201806,80846.594.19$28,494
Nov 201819213,32752.934.24$66,632
Oct 2018012,42161.443.40$42,208
Sep 201819414,78159.543.11$57,490
Aug 201818913,83259.403.07$53,643
Jul 201838315,74665.142.93$71,114
Jun 201819114,80260.183.08$57,039
May 201819216,63765.382.90$60,814
Apr 201819916,64863.842.90$60,997
Mar 201819216,51861.222.79$57,787
Feb 201818816,29061.782.77$56,675
Jan 201818618,43262.874.01$85,594
Dec 201719119,33257.272.92$67,417
Nov 201718719,80255.423.12$72,113
Oct 201738922,44949.292.98$86,154
Sep 201737722,51247.523.09$87,416
Aug 201718324,05945.373.00$80,586
Jul 201718724,86543.873.09$84,969
Jun 201738425,01342.493.09$93,538
May 201738526,95145.373.26$105,419
Apr 201718927,25147.933.21$96,578
Mar 201718929,87246.772.98$97,968
Feb 201738628,03950.452.95$102,262
Jan 201738532,57649.413.42$130,394
Dec 201658334,63748.763.72$157,375
Nov 201638836,15342.492.64$112,087
Oct 201657639,98346.193.09$150,163
Sep 201638341,69441.553.10$145,191
Aug 201655747,71041.442.92$162,602
Jul 201638353,90141.622.92$173,565
Jun 201675556,66645.352.69$186,434
May 201676463,03142.521.99$157,983
Apr 201658164,48636.561.99$149,636
Mar 20161,16367,12033.011.79$158,805
Feb 201698363,40826.472.06$156,871
Jan 201679172,30027.352.36$192,577
Dec 20151,13873,04032.362.00$183,009
Nov 20151,16083,71038.792.17$226,424
Oct 20151,74595,55043.552.43$307,854
Sep 20152,466102,39042.992.76$388,448
Aug 20153,037105,57640.162.87$425,232
Jul 201518930,15048.152.95$97,895

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           150 bbl  × $106.41 =    $15,962
Gas                5,110 Mcf  × $  3.05 =    $15,564

────────────────────────────────────────────────────
Month total                                  $31,526

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/278400 is the state's own key, not one this site invented.