HURN "355"
HURN "355" 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 May 2007 to August 2026, totalling 2,292,983 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 $195K, with roughly $41K 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 1,487 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 4,775 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 HURN "355"
- Who operates HURN "355"?
- HURN "355" is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is HURN "355"?
- HURN "355" is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 228388.
- Is HURN "355" still producing?
- HURN "355" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HURN "355" is August 2026.
- How much has HURN "355" produced?
- HURN "355" has reported 2,292,983 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2007 and August 2026, from 1 wellbore.
- How much is HURN "355" worth?
- The remaining production from HURN "355" is estimated to be worth about $195K in total as of 26 August 2026, within a range of $162K to $228K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HURN "355" is a fraction of it. The estimate fits an Arps decline curve to the production HURN "355" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HURN "355" is an estimate of value, not an offer and not an appraisal.
- How much income does HURN "355" generate in a year?
- HURN "355" is forecast to net about $41K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HURN "355" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Lipscomb (Atoka 9200) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 228388 |
| Wellbores | 1 |
| Reported production | 2,292,983 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $195K |
Where HURN "355" 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.