VERA MURRAY 18/65
VERA MURRAY 18/65 is a Texas oil 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 2025 to August 2026, totalling 173,169 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 $4.5M, with roughly $2.1M 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 6,903 barrels a month. Its strongest month on the record we hold was February 2025, at 27,423 barrels. 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 VERA MURRAY 18/65
- Who operates VERA MURRAY 18/65?
- VERA MURRAY 18/65 is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is VERA MURRAY 18/65?
- VERA MURRAY 18/65 is a Texas oil lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09866.
- Is VERA MURRAY 18/65 still producing?
- VERA MURRAY 18/65 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VERA MURRAY 18/65 is August 2026.
- How much has VERA MURRAY 18/65 produced?
- VERA MURRAY 18/65 has reported 173,169 barrels of oil (bbl) to the Railroad Commission of Texas between January 2025 and August 2026, from 1 wellbore.
- How much is VERA MURRAY 18/65 worth?
- The remaining production from VERA MURRAY 18/65 is estimated to be worth about $4.5M in total as of 27 August 2026, within a range of $3.8M to $5.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VERA MURRAY 18/65 is a fraction of it. The estimate fits an Arps decline curve to the production VERA MURRAY 18/65 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VERA MURRAY 18/65 is an estimate of value, not an offer and not an appraisal.
- How much income does VERA MURRAY 18/65 generate in a year?
- VERA MURRAY 18/65 is forecast to net about $2.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in VERA MURRAY 18/65 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Lipscomb, S.E. (Cleveland) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 09866 |
| Wellbores | 1 |
| Reported production | 173,169 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.5M |
Where VERA MURRAY 18/65 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.