ISAACS '212'
ISAACS '212' 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 January 2013 to August 2026, totalling 2,172,840 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 $944K, with roughly $205K 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 4,811 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 16,002 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 ISAACS '212'
- Who operates ISAACS '212'?
- ISAACS '212' is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is ISAACS '212'?
- ISAACS '212' is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 269432.
- Is ISAACS '212' still producing?
- ISAACS '212' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ISAACS '212' is August 2026.
- How much has ISAACS '212' produced?
- ISAACS '212' has reported 2,172,840 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2013 and August 2026, from 1 wellbore.
- How much is ISAACS '212' worth?
- The remaining production from ISAACS '212' is estimated to be worth about $944K in total as of 27 August 2026, within a range of $783K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ISAACS '212' is a fraction of it. The estimate fits an Arps decline curve to the production ISAACS '212' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ISAACS '212' is an estimate of value, not an offer and not an appraisal.
- How much income does ISAACS '212' generate in a year?
- ISAACS '212' is forecast to net about $205K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in ISAACS '212' 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 | 269432 |
| Wellbores | 1 |
| Reported production | 2,172,840 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $944K |
Where ISAACS '212' 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.