GARDEN CITY "6"
GARDEN CITY "6" is a Texas oil lease in Glasscock County, Railroad Commission district 08, operated by Mewbourne Oil Company. It has 3 wellbores on file with the Commission. Reported production runs from March 2010 to August 2026, totalling 15,440 barrels. 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 $10K, with roughly $2K 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 9 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was August 2019, at 312 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 GARDEN CITY "6"
- Who operates GARDEN CITY "6"?
- GARDEN CITY "6" is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is GARDEN CITY "6"?
- GARDEN CITY "6" is a Texas oil lease in Glasscock County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 40022.
- Is GARDEN CITY "6" still producing?
- GARDEN CITY "6" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GARDEN CITY "6" is August 2026.
- How much has GARDEN CITY "6" produced?
- GARDEN CITY "6" has reported 15,440 barrels of oil (bbl) to the Railroad Commission of Texas between March 2010 and August 2026, from 3 wellbores.
- How much is GARDEN CITY "6" worth?
- The remaining production from GARDEN CITY "6" is estimated to be worth about $10K in total as of 26 August 2026, within a range of $0 to $19K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GARDEN CITY "6" is a fraction of it. The estimate fits an Arps decline curve to the production GARDEN CITY "6" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GARDEN CITY "6" is an estimate of value, not an offer and not an appraisal.
- How much income does GARDEN CITY "6" generate in a year?
- GARDEN CITY "6" is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GARDEN CITY "6" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Glasscock County, Texas |
| RRC district | 08 |
| Lease number | 40022 |
| Wellbores | 3 |
| Reported production | 15,440 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10K |
Where GARDEN CITY "6" 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.