PEARSON UNIT '18'
PEARSON UNIT '18' 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 January 2014 to August 2026, totalling 431,599 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 $126K, with roughly $25K 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 742 thousand cubic feet a month. Its strongest month on the record we hold was September 2017, at 2,841 thousand cubic feet. 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 PEARSON UNIT '18'
- Who operates PEARSON UNIT '18'?
- PEARSON UNIT '18' is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is PEARSON UNIT '18'?
- PEARSON UNIT '18' is a Texas gas lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 275962.
- Is PEARSON UNIT '18' still producing?
- PEARSON UNIT '18' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEARSON UNIT '18' is August 2026.
- How much has PEARSON UNIT '18' produced?
- PEARSON UNIT '18' has reported 431,599 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2014 and August 2026, from 1 wellbore.
- How much is PEARSON UNIT '18' worth?
- The remaining production from PEARSON UNIT '18' is estimated to be worth about $126K in total as of 26 August 2026, within a range of $98K to $154K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEARSON UNIT '18' is a fraction of it. The estimate fits an Arps decline curve to the production PEARSON UNIT '18' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PEARSON UNIT '18' is an estimate of value, not an offer and not an appraisal.
- How much income does PEARSON UNIT '18' generate in a year?
- PEARSON UNIT '18' is forecast to net about $25K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PEARSON UNIT '18' receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Pan Petro (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 275962 |
| Wellbores | 1 |
| Reported production | 431,599 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $126K |
Where PEARSON UNIT '18' 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.