LARRY DON AND JOYCE SMITH 70

LARRY DON AND JOYCE SMITH 70 is a Texas oil 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 January 2018 to August 2026, totalling 32,481 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $18K, with roughly $3K expected over the next twelve months.

OperatorMewbourne Oil Company
FieldAllen-Parker (Marmaton)
CountyOchiltree County, Texas
RRC district10
Lease number09580
Wellbores1
Reported production32,481 bbl
First reportedJanuary 2018
Last reportedAugust 2026
Estimated royalty value$18K

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.