MAY WRIGHT '163'
MAY WRIGHT '163' 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 2014 to August 2026, totalling 618,530 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 $162K, with roughly $78K 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 1,032 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 12,708 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 MAY WRIGHT '163'
- Who operates MAY WRIGHT '163'?
- MAY WRIGHT '163' is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is MAY WRIGHT '163'?
- MAY WRIGHT '163' is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 282748.
- Is MAY WRIGHT '163' still producing?
- MAY WRIGHT '163' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MAY WRIGHT '163' is August 2026.
- How much has MAY WRIGHT '163' produced?
- MAY WRIGHT '163' has reported 618,530 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2014 and August 2026, from 1 wellbore.
- How much is MAY WRIGHT '163' worth?
- The remaining production from MAY WRIGHT '163' is estimated to be worth about $162K in total as of 26 August 2026, within a range of $134K to $189K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MAY WRIGHT '163' is a fraction of it. The estimate fits an Arps decline curve to the production MAY WRIGHT '163' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MAY WRIGHT '163' is an estimate of value, not an offer and not an appraisal.
- How much income does MAY WRIGHT '163' generate in a year?
- MAY WRIGHT '163' is forecast to net about $78K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MAY WRIGHT '163' 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 | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 282748 |
| Wellbores | 1 |
| Reported production | 618,530 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $162K |
Where MAY WRIGHT '163' 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.