Betty Lee 524

Oil & Gas Property in Lipscomb County, TX

  2. Texas
  3. Lipscomb County, TX
  4. Oil & Gas Properties in Lipscomb County, TX
  5. Betty Lee 524 Oil & Gas Property

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Property Summary

Key data points for Betty Lee 524

CountyLipscomb County, TX
OperatorMEWBOURNE OIL COMPANY
Production DatesJan 2005 - Jan 2026
Total Oil Production137,600 BBLs
Total Gas Production4,037,317 MCF
Recent Oil Production165 BBLs in Dec 2025
Recent Gas Production6,419 MCF in Dec 2025
Wells on Property5

Our Valuation Estimates for Betty Lee 524

ShaleAssessment™

$21,592 *

MarketMultiple™

$48,024 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Betty Lee 524 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Betty Lee 524
from Jan 2005 to Jan 2026

Wells on Betty Lee 524

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-295-32819BETTY LEE 524 1MEWBOURNE OIL COMPANYProducingLipscomb County, TX36.211272-100.092397
42-295-32832BETTY LEE 524 2MEWBOURNE OIL COMPANYSWR-10-WellLipscomb County, TX36.204119-100.085872
42-295-33445BETTY LEE 524 3HMEWBOURNE OIL COMPANYProducingLipscomb County, TX36.199934-100.090620
42-295-33522BETTY LEE 524 4HMEWBOURNE OIL COMPANYProducingLipscomb County, TX36.217139-100.079257
42-295-33550BETTY LEE 524 5HMEWBOURNE OIL COMPANYProducingLipscomb County, TX36.214160-100.092801

Leases included in Betty Lee 524

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
10-206837BETTY LEE 524 1MEWBOURNE OIL COMPANYLipscomb County, TX
10-209085BETTY LEE 524 2MEWBOURNE OIL COMPANYLipscomb County, TX
10-211647BETTY LEE 524 2MEWBOURNE OIL COMPANYLipscomb County, TX
10-247752BETTY LEE 524 3HMEWBOURNE OIL COMPANYLipscomb County, TX
10-253291BETTY LEE 524 4HMEWBOURNE OIL COMPANYLipscomb County, TX
10-258251BETTY LEE 524 5HMEWBOURNE OIL COMPANYLipscomb County, TX

Nearby Properties

These are the closest 20 properties to the Betty Lee 524 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Appel 438Lipscomb County, TX286 BBLs8,100 MCFJan 2026
BartonLipscomb County, TX224 BBLs6,361 MCFJan 2026
Barton JLipscomb County, TX14 BBLs890 MCFJan 2026
Barton Jay D. EtalLipscomb County, TX237 BBLs13,290 MCFJan 2026
CooperLipscomb County, TX1,001 BBLs20,023 MCFJan 2026
DR TysonLipscomb County, TX0 BBLs3,090 MCFJan 2026
GravesLipscomb County, TX396 BBLs10,028 MCFJan 2026
HurnLipscomb County, TX328 BBLs6,895 MCFJan 2026
Jan 437Lipscomb County, TX194 BBLs8,568 MCFJan 2026
KarnesLipscomb County, TX385 BBLs9,966 MCFJan 2026
Landers 5Lipscomb County, TX65 BBLs7,242 MCFJan 2026
LaubhanLipscomb County, TX368 BBLs13,053 MCFJan 2026
Little Sister 445Lipscomb County, TX28 BBLs3,917 MCFJan 2026
PaulLipscomb County, TX0 BBLs3,921 MCFJan 2026
Price WLipscomb County, TX1,718 BBLs34,004 MCFJan 2026
Rocks 446Lipscomb County, TX52 BBLs1,566 MCFJan 2026
Tootie Barton 444Lipscomb County, TX431 BBLs9,958 MCFJan 2026
TysonLipscomb County, TX220 BBLs3,777 MCFJan 2026
Walton AugustaLipscomb County, TX266 BBLs12,647 MCFJan 2026
WiedersteinLipscomb County, TX0 BBLs1,704 MCFJan 2026

Companies in the Area

These are the closest 20 companies operating near the Betty Lee 524 property.

Company Name
4P Energy Texas, LLC
Amoco Production Company
Be Anadarko II, LLC
BP America Production Company
Deep Reef Industries
EOG Resources Inc
Exxon Corporation
Highmark Energy Operating, LLC
Jones Energy, LLC
Jones Energy, LTD.
Latigo Petroleum, LLC
Mewbourne Oil Company
Midgard Energy Company
Midstates Petroleum Company LLC
Presidio Petroleum LLC
Resource Oil And Gas, LLC
Ricks Exploration, Inc.
Sabine Oil & Gas LLC
Texakoma E & P, LLC
Unbridled Resources, LLC

Owners of Betty Lee 524

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025MEWBOURNE OIL COLEE BETTY 524 #5HMEWBOURNE OIL COMPAN
2025MEWBOURNE OIL COLEE BETTY '524' 4HMEWBOURNE OIL COMPAN
2025MEWBOURNE OIL COLEE BETTY "524" #3HMEWBOURNE OIL COMPAN
2025MEWBOURNE OIL COLEE BETTY '524'#1MEWBOURNE OIL COMPAN
2025MEWBOURNE OIL COLEE BETTY '524' #2MEWBOURNE OIL COMPAN
2025BARTON FAMILY MINERAL LLCLEE BETTY 524 #5HMEWBOURNE OIL COMPAN
2025BARTON FAMILY MINERAL LLCLEE BETTY '524' 4HMEWBOURNE OIL COMPAN
2025PEYTON ROYALTIES LPLEE BETTY 524 #5HMEWBOURNE OIL COMPAN
Displaying 8 of 60 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Betty Lee 524

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
10-206837BETTY LEE 524 1Nov 2025ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-206837BETTY LEE 524 1Nov 2025MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-211647BETTY LEE 524 2Nov 2025ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-211647BETTY LEE 524 2Nov 2025MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-247752BETTY LEE 524 3HNov 2025ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-247752BETTY LEE 524 3HNov 2025MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-253291BETTY LEE 524 4HNov 2025ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-253291BETTY LEE 524 4HNov 2025MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-258251BETTY LEE 524 5HNov 2025ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-258251BETTY LEE 524 5HNov 2025MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-206837BETTY LEE 524 1Oct 2025ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-206837BETTY LEE 524 1Oct 2025MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-211647BETTY LEE 524 2Oct 2025ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-211647BETTY LEE 524 2Oct 2025MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-247752BETTY LEE 524 3HOct 2025ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-247752BETTY LEE 524 3HOct 2025MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-253291BETTY LEE 524 4HOct 2025VALERO MARKETING AND SUPPLY COMPANYMEWBOURNE OIL COMPANY
10-253291BETTY LEE 524 4HOct 2025ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-253291BETTY LEE 524 4HOct 2025MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-258251BETTY LEE 524 5HOct 2025ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-258251BETTY LEE 524 5HOct 2025MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-206837BETTY LEE 524 1Sep 2025ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-206837BETTY LEE 524 1Sep 2025MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-211647BETTY LEE 524 2Sep 2025ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-211647BETTY LEE 524 2Sep 2025MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY