WIEDERSTEIN '354'
WIEDERSTEIN '354' 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 462,061 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 $695K, with roughly $141K 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 1,870 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 4,087 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 WIEDERSTEIN '354'
- Who operates WIEDERSTEIN '354'?
- WIEDERSTEIN '354' is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is WIEDERSTEIN '354'?
- WIEDERSTEIN '354' is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 281223.
- Is WIEDERSTEIN '354' still producing?
- WIEDERSTEIN '354' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WIEDERSTEIN '354' is August 2026.
- How much has WIEDERSTEIN '354' produced?
- WIEDERSTEIN '354' has reported 462,061 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2014 and August 2026, from 1 wellbore.
- How much is WIEDERSTEIN '354' worth?
- The remaining production from WIEDERSTEIN '354' is estimated to be worth about $695K in total as of 27 August 2026, within a range of $577K to $814K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WIEDERSTEIN '354' is a fraction of it. The estimate fits an Arps decline curve to the production WIEDERSTEIN '354' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WIEDERSTEIN '354' is an estimate of value, not an offer and not an appraisal.
- How much income does WIEDERSTEIN '354' generate in a year?
- WIEDERSTEIN '354' is forecast to net about $141K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WIEDERSTEIN '354' 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 | 281223 |
| Wellbores | 1 |
| Reported production | 462,061 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $695K |
Where WIEDERSTEIN '354' 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.