GUY "523"
GUY "523" is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from December 2005 to August 2026, totalling 1,338,889 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 $112K, with roughly $29K 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 1,385 thousand cubic feet a month. Its strongest month on the record we hold was September 2021, at 4,424 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 GUY "523"
- Who operates GUY "523"?
- GUY "523" is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is GUY "523"?
- GUY "523" is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 213488.
- Is GUY "523" still producing?
- GUY "523" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GUY "523" is August 2026.
- How much has GUY "523" produced?
- GUY "523" has reported 1,338,889 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2005 and August 2026, from 1 wellbore.
- How much is GUY "523" worth?
- The remaining production from GUY "523" is estimated to be worth about $112K in total as of 26 August 2026, within a range of $93K to $131K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GUY "523" is a fraction of it. The estimate fits an Arps decline curve to the production GUY "523" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GUY "523" is an estimate of value, not an offer and not an appraisal.
- How much income does GUY "523" generate in a year?
- GUY "523" is forecast to net about $29K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GUY "523" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Lipscomb (Atoka) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 213488 |
| Wellbores | 1 |
| Reported production | 1,338,889 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $112K |
Where GUY "523" 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.