WEBB ET AL "P"
WEBB ET AL "P" is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2008 to August 2026, totalling 707,644 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 $119K, with roughly $19K 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 698 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 2,414 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 WEBB ET AL "P"
- Who operates WEBB ET AL "P"?
- WEBB ET AL "P" is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is WEBB ET AL "P"?
- WEBB ET AL "P" is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 239450.
- Is WEBB ET AL "P" still producing?
- WEBB ET AL "P" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WEBB ET AL "P" is August 2026.
- How much has WEBB ET AL "P" produced?
- WEBB ET AL "P" has reported 707,644 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2008 and August 2026, from 1 wellbore.
- How much is WEBB ET AL "P" worth?
- The remaining production from WEBB ET AL "P" is estimated to be worth about $119K in total as of 27 August 2026, within a range of $93K to $146K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WEBB ET AL "P" is a fraction of it. The estimate fits an Arps decline curve to the production WEBB ET AL "P" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WEBB ET AL "P" is an estimate of value, not an offer and not an appraisal.
- How much income does WEBB ET AL "P" generate in a year?
- WEBB ET AL "P" is forecast to net about $19K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WEBB ET AL "P" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Mendota, NW. (Granite Wash) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 239450 |
| Wellbores | 1 |
| Reported production | 707,644 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $119K |
Where WEBB ET AL "P" 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.