TXL 47/2/11
TXL 47/2/11 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 2025 to August 2026, totalling 493,424 thousand cubic feet. The lease is intermittent. 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 $50.6M, with roughly $10.9M 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 36,876 thousand cubic feet a month. Its strongest month on the record we hold was September 2025, at 76,623 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 TXL 47/2/11
- Who operates TXL 47/2/11?
- TXL 47/2/11 is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is TXL 47/2/11?
- TXL 47/2/11 is a Texas gas lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 299689.
- Is TXL 47/2/11 still producing?
- TXL 47/2/11 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for TXL 47/2/11 is August 2026.
- How much has TXL 47/2/11 produced?
- TXL 47/2/11 has reported 493,424 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2025 and August 2026, from 1 wellbore.
- How much is TXL 47/2/11 worth?
- The remaining production from TXL 47/2/11 is estimated to be worth about $50.6M in total as of 26 August 2026, within a range of $41.5M to $59.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TXL 47/2/11 is a fraction of it. The estimate fits an Arps decline curve to the production TXL 47/2/11 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TXL 47/2/11 is an estimate of value, not an offer and not an appraisal.
- How much income does TXL 47/2/11 generate in a year?
- TXL 47/2/11 is forecast to net about $10.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TXL 47/2/11 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Sandbar (Bone Spring) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 299689 |
| Wellbores | 1 |
| Reported production | 493,424 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $50.6M |
Where TXL 47/2/11 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.