TEXAS FARMS

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 279276District 10Field 687351202 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.4 M
May 2015 – May 2026
Value, last 12 filed months
$426 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 Gas112016-05-09218346
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
CondensateDisposition100,994 bbl$5,168,540
GasProduction778,290 Mcf$2,240,711
Total$7,409,251

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 36.1016, -100.5617. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.10163, -100.56165 · 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
7,884 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 7,884 ft.

Completions filed
May 2015
1 of 1 wells

1 well

42-357335371H7,884 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 20261944,720106.413.05$35,020
Apr 20261814,22998.932.87$30,042
Mar 20263854,63489.753.15$49,148
Feb 202603,38863.503.75$12,706
Jan 20263684,68759.138.00$59,246
Dec 20251874,79456.664.41$31,753
Nov 20251514,85958.593.93$27,926
Oct 20251865,67759.383.30$29,806
Sep 20253665,80462.743.08$40,821
Aug 20251725,64063.933.01$27,999
Jul 20253625,35766.743.32$41,919
Jun 20253934,35366.483.13$39,746
May 20251832,83260.553.23$20,235
Apr 20253742,63862.363.54$32,669
Mar 202501,38567.704.27$5,912
Feb 20252002,38670.884.34$24,533
Jan 20253592,58474.324.28$37,737
Dec 20243653,40468.993.12$35,806
Nov 20245563,25469.052.20$45,546
Oct 202401,86871.372.28$4,262
Sep 20241931,59569.612.36$17,206
Aug 20243832,74675.632.06$34,633
Jul 20241832,42679.932.15$19,835
Jun 20241822,62878.082.63$21,133
May 20241722,33678.812.20$18,691
Apr 20241811,32684.451.66$17,486
Mar 20241832,74880.301.55$18,941
Feb 20245543,19076.091.78$47,844
Jan 202402,21673.023.30$7,308
Dec 20233983,53571.262.61$37,590
Nov 20233923,08277.892.81$39,186
Oct 20233773,30585.443.09$42,414
Sep 20235273,29489.042.74$55,933
Aug 20231862,97380.522.67$22,923
Jul 20231833,72274.852.64$23,530
Jun 20235683,59868.962.26$47,295
May 20233563,44070.622.23$32,803
Apr 20233663,98378.122.24$37,505
Mar 20235774,38972.852.39$52,538
Feb 20233933,93975.112.47$39,231
Jan 20235804,12176.533.39$58,348
Dec 20225983,88276.415.73$67,933
Nov 20221851,19585.005.65$22,472
Oct 202218681687.185.86$21,000
Sep 20221811,07284.888.16$24,115
Aug 20221871,37294.529.13$30,198
Jul 20221791,068101.587.54$26,238
Jun 2022381856115.097.98$50,678
May 20221911,200109.378.43$31,009
Apr 20221961,413104.226.84$30,089
Mar 20221751,340108.885.08$25,856
Feb 2022039991.054.86$1,939
Jan 202219592681.844.54$20,161
Dec 202102,49271.323.90$9,717
Nov 20211971,31777.435.24$22,151
Oct 20211961,36879.795.71$23,455
Sep 20211912,21269.865.35$25,180
Aug 20211901,98066.024.22$20,901
Jul 20213812,78770.783.98$38,065
Jun 20211952,32769.493.38$21,417
May 20211732,57563.483.02$18,753
Apr 20213592,94060.362.76$29,779
Mar 20211912,69561.302.72$19,030
Feb 2021087757.805.55$4,866
Jan 20212023,08750.412.81$18,858
Dec 20203923,45744.642.68$26,748
Nov 20203934,10138.772.71$26,336
Oct 20201862,86036.972.48$13,965
Sep 20203734,19337.091.99$22,183
Aug 202002,68639.982.39$6,406
Jul 20205675,82638.371.83$32,389
Jun 20203876,49134.901.69$24,478
May 20205797,26616.921.81$22,983
Apr 20205766,81214.751.80$20,787
Mar 20203917,40130.341.86$25,601
Feb 20207505,21049.881.98$47,729
Jan 2020078657.252.09$1,646
Dec 20193912,44559.012.30$28,707
Nov 20193413,82255.302.75$29,370
Oct 20197534,04153.472.42$50,036
Sep 20195573,59755.052.66$40,221
Aug 20197224,39953.112.30$48,482
Jul 20193772,84056.272.46$28,200
Jun 20195601,87152.782.49$34,218
May 20193783,36358.482.74$31,321
Apr 20191914,13962.632.75$23,347
Mar 20197065,38056.803.06$56,575
Feb 20195573,72450.852.79$38,722
Jan 20195784,56546.033.23$41,342
Dec 20185875,47846.594.19$50,276
Nov 20185563,98852.934.24$46,327
Oct 20187674,46161.443.40$62,283
Sep 20187383,38759.543.11$54,467
Aug 20183862,80059.403.07$31,515
Jul 20183751,11065.142.93$27,682
Jun 20183771,28560.183.08$26,642
May 20185751,27765.382.90$41,298
Apr 20181861,22863.842.90$15,436
Mar 20183861,79861.222.79$28,642
Feb 20185762,13661.782.77$41,494
Jan 20185634,52562.874.01$53,538
Dec 20175704,37457.272.92$45,423
Nov 20179374,75955.423.12$66,769
Oct 20177464,99649.292.98$51,677
Sep 20171,0864,84247.523.09$66,555
Aug 20179205,07045.373.00$56,973
Jul 20177395,12443.873.09$48,239
Jun 20171,0745,31742.493.09$62,049
May 20177474,06345.373.26$47,151
Apr 20177003,92047.933.21$46,140
Mar 20171,1215,60246.772.98$69,144
Feb 20177425,35050.452.95$53,230
Jan 20179236,89249.413.42$69,168
Dec 20161,2867,47948.763.72$90,548
Nov 20161,2698,43842.492.64$76,233
Oct 20161,1268,89246.193.09$79,489
Sep 20161,1129,42241.553.10$75,418
Aug 20161,45711,44241.442.92$93,838
Jul 20161,81512,28341.622.92$111,460
Jun 20161,30311,42245.352.69$89,769
May 20161,67412,10442.521.99$95,278
Apr 20161,83813,60636.561.99$94,287
Mar 20162,39714,56933.011.79$105,262
Feb 20162,09014,34426.472.06$84,923
Jan 20161,92016,79927.352.36$92,231
Dec 20152,95819,00132.362.00$133,750
Nov 20152,39521,22738.792.17$138,908
Oct 20153,17623,71243.552.43$195,854
Sep 20153,51028,22742.992.76$228,757
Aug 20154,19931,54640.162.87$259,247
Jul 20154,99535,96948.152.95$346,441
Jun 20156,47043,07756.152.88$487,475
May 201510,07754,39355.212.96$717,107

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           194 bbl  × $106.41 =    $20,644
Gas                4,720 Mcf  × $  3.05 =    $14,376

────────────────────────────────────────────────────
Month total                                  $35,020

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/279276 is the state's own key, not one this site invented.