GREAT WHITE STATE 54-1-8 LOV
GREAT WHITE STATE 54-1-8 LOV is a Texas gas lease in Loving County, Railroad Commission district 08, operated by Mewbourne Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from April 2023 to August 2026, totalling 1,359,201 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.7M, with roughly $1.0M expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 17,934 thousand cubic feet a month. Its strongest month on the record we hold was November 2023, at 79,178 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about GREAT WHITE STATE 54-1-8 LOV
- Who operates GREAT WHITE STATE 54-1-8 LOV?
- GREAT WHITE STATE 54-1-8 LOV is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is GREAT WHITE STATE 54-1-8 LOV?
- GREAT WHITE STATE 54-1-8 LOV is a Texas gas lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 295292.
- Is GREAT WHITE STATE 54-1-8 LOV still producing?
- GREAT WHITE STATE 54-1-8 LOV is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GREAT WHITE STATE 54-1-8 LOV is August 2026.
- How much has GREAT WHITE STATE 54-1-8 LOV produced?
- GREAT WHITE STATE 54-1-8 LOV has reported 1,359,201 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2023 and August 2026, from 1 wellbore.
- How much is GREAT WHITE STATE 54-1-8 LOV worth?
- The remaining production from GREAT WHITE STATE 54-1-8 LOV is estimated to be worth about $1.7M in total as of 26 August 2026, within a range of $1.4M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GREAT WHITE STATE 54-1-8 LOV is a fraction of it. The estimate fits an Arps decline curve to the production GREAT WHITE STATE 54-1-8 LOV has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GREAT WHITE STATE 54-1-8 LOV is an estimate of value, not an offer and not an appraisal.
- How much income does GREAT WHITE STATE 54-1-8 LOV generate in a year?
- GREAT WHITE STATE 54-1-8 LOV is forecast to net about $1.0M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GREAT WHITE STATE 54-1-8 LOV receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 295292 |
| Wellbores | 1 |
| Reported production | 1,359,201 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where GREAT WHITE STATE 54-1-8 LOV sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.