LANDERS "535"
LANDERS "535" 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 December 2003 to August 2026, totalling 1,245,362 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 $18K, 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 360 thousand cubic feet a month. Its strongest month on the record we hold was January 2018, at 2,203 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 LANDERS "535"
- Who operates LANDERS "535"?
- LANDERS "535" is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is LANDERS "535"?
- LANDERS "535" is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 199135.
- Is LANDERS "535" still producing?
- LANDERS "535" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LANDERS "535" is August 2026.
- How much has LANDERS "535" produced?
- LANDERS "535" has reported 1,245,362 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2003 and August 2026, from 1 wellbore.
- How much is LANDERS "535" worth?
- The remaining production from LANDERS "535" is estimated to be worth about $18K in total as of 26 August 2026, within a range of $14K to $22K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LANDERS "535" is a fraction of it. The estimate fits an Arps decline curve to the production LANDERS "535" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LANDERS "535" is an estimate of value, not an offer and not an appraisal.
- How much income does LANDERS "535" generate in a year?
- LANDERS "535" 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 LANDERS "535" 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 | 199135 |
| Wellbores | 1 |
| Reported production | 1,245,362 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $18K |
Where LANDERS "535" 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.