SMITH "19"
SMITH "19" is a Texas gas lease in Ochiltree County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from November 2008 to August 2026, totalling 589,408 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 $129K, with roughly $20K 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 834 thousand cubic feet a month. Its strongest month on the record we hold was April 2018, at 2,077 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 SMITH "19"
- Who operates SMITH "19"?
- SMITH "19" is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is SMITH "19"?
- SMITH "19" is a Texas gas lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 244574.
- Is SMITH "19" still producing?
- SMITH "19" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SMITH "19" is August 2026.
- How much has SMITH "19" produced?
- SMITH "19" has reported 589,408 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2008 and August 2026, from 1 wellbore.
- How much is SMITH "19" worth?
- The remaining production from SMITH "19" is estimated to be worth about $129K in total as of 26 August 2026, within a range of $101K to $157K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMITH "19" is a fraction of it. The estimate fits an Arps decline curve to the production SMITH "19" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SMITH "19" is an estimate of value, not an offer and not an appraisal.
- How much income does SMITH "19" generate in a year?
- SMITH "19" is forecast to net about $20K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SMITH "19" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Farnsworth, Se.(Morrow, Up. Gas) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 244574 |
| Wellbores | 1 |
| Reported production | 589,408 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $129K |
Where SMITH "19" 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.