WALTON, AUGUSTA
WALTON, AUGUSTA 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 January 2014 to August 2026, totalling 897,272 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 $349K, with roughly $64K 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 1,301 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 8,920 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 WALTON, AUGUSTA
- Who operates WALTON, AUGUSTA?
- WALTON, AUGUSTA is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is WALTON, AUGUSTA?
- WALTON, AUGUSTA is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 275963.
- Is WALTON, AUGUSTA still producing?
- WALTON, AUGUSTA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WALTON, AUGUSTA is August 2026.
- How much has WALTON, AUGUSTA produced?
- WALTON, AUGUSTA has reported 897,272 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2014 and August 2026, from 1 wellbore.
- How much is WALTON, AUGUSTA worth?
- The remaining production from WALTON, AUGUSTA is estimated to be worth about $349K in total as of 26 August 2026, within a range of $290K to $409K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WALTON, AUGUSTA is a fraction of it. The estimate fits an Arps decline curve to the production WALTON, AUGUSTA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WALTON, AUGUSTA is an estimate of value, not an offer and not an appraisal.
- How much income does WALTON, AUGUSTA generate in a year?
- WALTON, AUGUSTA is forecast to net about $64K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WALTON, AUGUSTA 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 | 275963 |
| Wellbores | 1 |
| Reported production | 897,272 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $349K |
Where WALTON, AUGUSTA 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.