BERNICE
BERNICE is a Texas gas lease in Ochiltree County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2010 to August 2026, totalling 1,266,359 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 $379K, with roughly $111K 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 3,824 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 16,221 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 BERNICE
- Who operates BERNICE?
- BERNICE is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is BERNICE?
- BERNICE is a Texas gas lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 258759.
- Is BERNICE still producing?
- BERNICE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BERNICE is August 2026.
- How much has BERNICE produced?
- BERNICE has reported 1,266,359 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2010 and August 2026, from 1 wellbore.
- How much is BERNICE worth?
- The remaining production from BERNICE is estimated to be worth about $379K in total as of 26 August 2026, within a range of $314K to $443K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BERNICE is a fraction of it. The estimate fits an Arps decline curve to the production BERNICE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BERNICE is an estimate of value, not an offer and not an appraisal.
- How much income does BERNICE generate in a year?
- BERNICE is forecast to net about $111K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BERNICE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Horizon (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 258759 |
| Wellbores | 1 |
| Reported production | 1,266,359 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $379K |
Where BERNICE 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.