COURSON ELDON 747
COURSON ELDON 747 is a Texas oil 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 April 2019 to August 2026, totalling 199,159 barrels. 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 $1.7M, with roughly $349K 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 452 barrels a month. Its strongest month on the record we hold was May 2019, at 22,977 barrels. 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 COURSON ELDON 747
- Who operates COURSON ELDON 747?
- COURSON ELDON 747 is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is COURSON ELDON 747?
- COURSON ELDON 747 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09694.
- Is COURSON ELDON 747 still producing?
- COURSON ELDON 747 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COURSON ELDON 747 is August 2026.
- How much has COURSON ELDON 747 produced?
- COURSON ELDON 747 has reported 199,159 barrels of oil (bbl) to the Railroad Commission of Texas between April 2019 and August 2026, from 1 wellbore.
- How much is COURSON ELDON 747 worth?
- The remaining production from COURSON ELDON 747 is estimated to be worth about $1.7M in total as of 26 August 2026, within a range of $1.3M to $2.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COURSON ELDON 747 is a fraction of it. The estimate fits an Arps decline curve to the production COURSON ELDON 747 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for COURSON ELDON 747 is an estimate of value, not an offer and not an appraisal.
- How much income does COURSON ELDON 747 generate in a year?
- COURSON ELDON 747 is forecast to net about $349K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COURSON ELDON 747 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Allen-Parker (Marmaton) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 09694 |
| Wellbores | 1 |
| Reported production | 199,159 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.7M |
Where COURSON ELDON 747 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.