FARNSWORTH 56
FARNSWORTH 56 is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 2 wellbores on file with the Commission. Reported production runs from January 2018 to August 2026, totalling 98,995 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 $1.2M, with roughly $194K 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 142 barrels a month, about 71 per wellbore. Its strongest month on the record we hold was January 2018, at 12,673 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 FARNSWORTH 56
- Who operates FARNSWORTH 56?
- FARNSWORTH 56 is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is FARNSWORTH 56?
- FARNSWORTH 56 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09570.
- Is FARNSWORTH 56 still producing?
- FARNSWORTH 56 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FARNSWORTH 56 is August 2026.
- How much has FARNSWORTH 56 produced?
- FARNSWORTH 56 has reported 98,995 barrels of oil (bbl) to the Railroad Commission of Texas between January 2018 and August 2026, from 2 wellbores.
- How much is FARNSWORTH 56 worth?
- The remaining production from FARNSWORTH 56 is estimated to be worth about $1.2M in total as of 27 August 2026, within a range of $972K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FARNSWORTH 56 is a fraction of it. The estimate fits an Arps decline curve to the production FARNSWORTH 56 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FARNSWORTH 56 is an estimate of value, not an offer and not an appraisal.
- How much income does FARNSWORTH 56 generate in a year?
- FARNSWORTH 56 is forecast to net about $194K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in FARNSWORTH 56 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 | 09570 |
| Wellbores | 2 |
| Reported production | 98,995 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where FARNSWORTH 56 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.