AKERS 968
AKERS 968 is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2024 to August 2026, totalling 555,805 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 $1.1M, with roughly $741K 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 14,999 thousand cubic feet a month. Its strongest month on the record we hold was August 2024, at 53,963 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 AKERS 968
- Who operates AKERS 968?
- AKERS 968 is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is AKERS 968?
- AKERS 968 is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 298123.
- Is AKERS 968 still producing?
- AKERS 968 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for AKERS 968 is August 2026.
- How much has AKERS 968 produced?
- AKERS 968 has reported 555,805 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2024 and August 2026, from 1 wellbore.
- How much is AKERS 968 worth?
- The remaining production from AKERS 968 is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $883K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in AKERS 968 is a fraction of it. The estimate fits an Arps decline curve to the production AKERS 968 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for AKERS 968 is an estimate of value, not an offer and not an appraisal.
- How much income does AKERS 968 generate in a year?
- AKERS 968 is forecast to net about $741K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in AKERS 968 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 298123 |
| Wellbores | 1 |
| Reported production | 555,805 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where AKERS 968 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.