OWENS

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

Gas lease lease 279154District 10Field 687351202 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.0 M
May 2015 – May 2026
Value, last 12 filed months
$340 k
at the published price for each month
Months reported
133
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 965 leases and 1,339 wells, and the rule below applies to all of them.

Discovered
1974-03-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 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 2011-04-18.

The Commission's schedule remark for this field reads: PRORATION ACRES PLATS ARE REQUIRED.

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 Gas112016-03-08218268
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
CondensateDisposition77,597 bbl$4,122,018
GasProduction638,097 Mcf$1,877,590
Total$5,999,608

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 36.1278, -100.5627. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.12783, -100.56275 · 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
7,830 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 7,830 ft.

Completions filed
May 2015
1 of 1 wells

1 well

42-357335362H7,830 ftMay 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 (133)

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

133 months

May 20261823,692106.413.05$30,612
Apr 20263903,87398.932.87$49,697
Mar 20261962,92489.753.15$26,800
Feb 202602,94863.503.75$11,056
Jan 20261983,38759.138.00$38,797
Dec 20253613,28756.664.41$34,961
Nov 202503,29858.593.93$12,949
Oct 20251853,97259.383.30$24,112
Sep 20253814,12362.743.08$36,590
Aug 20251894,40563.933.01$25,363
Jul 20251734,12866.743.32$25,231
Jun 20251823,78566.483.13$23,942
May 20251754,04260.553.23$23,661
Apr 20253853,88662.363.54$37,777
Mar 20253814,11067.704.27$43,337
Feb 20252033,19070.884.34$28,236
Jan 20251823,53474.324.28$28,647
Dec 202404,06368.993.12$12,682
Nov 20245204,44569.052.20$45,678
Oct 20241783,81871.372.28$21,414
Sep 20241802,30569.612.36$17,980
Aug 20243783,45375.632.06$35,714
Jul 20241883,31979.932.15$22,151
Jun 20241903,78978.082.63$24,815
May 20243434,19178.812.20$36,245
Apr 20241914,06084.451.66$22,866
Mar 20243895,55780.301.55$39,823
Feb 20243944,94576.091.78$38,800
Jan 20247684,78873.023.30$71,869
Dec 202301,40471.262.61$3,665
Nov 202302,33577.892.81$6,556
Oct 20233874,95785.443.09$48,369
Sep 20231762,73389.042.74$23,146
Aug 20233534,10780.522.67$39,401
Jul 20233714,29674.852.64$39,119
Jun 20233824,35668.962.26$36,181
May 20233724,32370.622.23$35,900
Apr 20233482,99578.122.24$33,888
Mar 20233894,43572.852.39$38,952
Feb 20233683,36175.112.47$35,928
Jan 20235683,46176.533.39$55,194
Dec 20225873,13276.415.73$62,796
Nov 202201,03285.005.65$5,827
Oct 20221961,47787.185.86$25,748
Sep 202213197884.888.16$19,103
Aug 20221841,36094.529.13$29,805
Jul 20221902,162101.587.54$35,606
Jun 20225721,975115.097.98$81,586
May 20221901,819109.378.43$36,120
Apr 20223952,363104.226.84$57,324
Mar 20225693,402108.885.08$79,223
Feb 20221862,18291.054.86$27,537
Jan 20221641,18981.844.54$18,817
Dec 20211941,34571.323.90$19,080
Nov 202101,09677.435.24$5,740
Oct 202118593779.795.71$20,115
Sep 2021086469.865.35$4,623
Aug 20217594266.024.22$8,927
Jul 2021087970.783.98$3,500
Jun 202119076769.493.38$15,796
May 202119286563.483.02$14,798
Apr 2021086060.362.76$2,372
Mar 202119892761.302.72$14,656
Feb 202101,09357.805.55$6,064
Jan 20212031,58150.412.81$14,676
Dec 202001,55944.642.68$4,171
Nov 20201881,41438.772.71$11,116
Oct 20201971,69636.972.48$11,487
Sep 20201891,95537.091.99$10,902
Aug 20205672,18739.982.39$27,885
Jul 20201882,25638.371.83$11,331
Jun 20201892,27234.901.69$10,436
May 20205692,17916.921.81$13,582
Apr 20201942,45714.751.80$7,295
Mar 20203842,52530.341.86$16,338
Feb 20201982,61749.881.98$15,060
Jan 20203762,36157.252.09$26,472
Dec 20191892,47059.012.30$16,845
Nov 20193812,41755.302.75$27,718
Oct 20193942,41353.472.42$26,903
Sep 20193682,52655.052.66$26,971
Aug 20193782,63953.112.30$26,157
Jul 20193702,56556.272.46$27,130
Jun 20193772,76652.782.49$26,789
May 20191882,21158.482.74$17,053
Apr 20193783,02862.632.75$32,003
Mar 20195633,52656.803.06$42,775
Feb 20193593,10850.852.79$26,933
Jan 20193904,26746.033.23$31,726
Dec 20185703,54046.594.19$41,373
Nov 20183693,40152.934.24$33,942
Oct 20185483,06161.443.40$44,071
Sep 20183573,13559.543.11$30,999
Aug 20183823,36559.403.07$33,010
Jul 20183543,42865.142.93$33,110
Jun 20183663,34660.183.08$32,321
May 20185503,60265.382.90$46,408
Apr 20183713,52963.842.90$33,922
Mar 20185433,86561.222.79$44,014
Feb 20183963,23461.782.77$33,411
Jan 20183893,11862.874.01$36,957
Dec 20173774,73057.272.92$35,410
Nov 20175694,02355.423.12$44,079
Oct 20175744,34449.292.98$41,254
Sep 20177324,39547.523.09$48,353
Aug 20173744,63345.373.00$30,888
Jul 20175604,39743.873.09$38,142
Jun 20175544,39842.493.09$37,117
May 20175374,90345.373.26$40,364
Apr 20177115,68947.933.21$52,349
Mar 20179016,79346.772.98$62,408
Feb 20179425,25550.452.95$63,040
Jan 20173674,88449.413.42$34,831
Dec 20161,1055,95948.763.72$76,064
Nov 20167526,49842.492.64$49,135
Oct 20161,1187,51646.193.09$74,867
Sep 20169067,49541.553.10$60,884
Aug 20169108,04341.442.92$61,231
Jul 20161,0877,88441.622.92$68,296
Jun 20169438,16345.352.69$64,689
May 20161,3199,60042.521.99$75,198
Apr 20161,29410,04036.561.99$67,299
Mar 20161,69511,44833.011.79$76,490
Feb 20161,34811,09826.472.06$58,584
Jan 20161,52613,84627.352.36$74,473
Dec 20152,25214,49732.362.00$101,889
Nov 20151,66016,46738.792.17$100,081
Oct 20152,41519,05243.552.43$151,404
Sep 20152,55721,69942.992.76$169,780
Aug 20152,97923,13840.162.87$186,100
Jul 20153,60226,74948.152.95$252,214
Jun 20155,74235,23256.152.88$423,982
May 20156,62325,88455.212.96$442,155

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           182 bbl  × $106.41 =    $19,367
Gas                3,692 Mcf  × $  3.05 =    $11,245

────────────────────────────────────────────────────
Month total                                  $30,612

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/279154 is the state's own key, not one this site invented.