Betty Lee 524

Oil & Gas Property in Lipscomb County, TX

Property Summary

Key data points for Betty Lee 524

CountyLipscomb County, TX
OperatorMEWBOURNE OIL COMPANY
Production DatesJan 2005 - Jan 2025
Total Oil Production135,551 BBLs
Total Gas Production3,958,398 MCF
Recent Oil Production264 BBLs in Dec 2024
Recent Gas Production5,345 MCF in Dec 2024
Wells on Property5

Our Valuation Estimates for Betty Lee 524

ShaleAssessment

$25,137 *

MarketMultiple

$38,474 **

* 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 2025

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, TX347 BBLs6,731 MCFJan 2025
BartonLipscomb County, TX161 BBLs7,673 MCFJan 2025
Barton JLipscomb County, TX17 BBLs902 MCFJan 2025
Barton Jay D. EtalLipscomb County, TX673 BBLs13,138 MCFJan 2025
CooperLipscomb County, TX1,031 BBLs17,119 MCFJan 2025
DR TysonLipscomb County, TX41 BBLs3,055 MCFJan 2025
GravesLipscomb County, TX678 BBLs13,401 MCFJan 2025
HurnLipscomb County, TX443 BBLs8,722 MCFJan 2025
Jan 437Lipscomb County, TX335 BBLs11,010 MCFJan 2025
KarnesLipscomb County, TX379 BBLs11,692 MCFDec 2024
Landers 5Lipscomb County, TX64 BBLs8,960 MCFJan 2025
LaubhanLipscomb County, TX328 BBLs11,937 MCFJan 2025
Little Sister 445Lipscomb County, TX0 BBLs4,251 MCFJan 2025
PaulLipscomb County, TX7 BBLs4,555 MCFJan 2025
Price WLipscomb County, TX1,885 BBLs48,668 MCFJan 2025
Rocks 446Lipscomb County, TX102 BBLs1,903 MCFJan 2025
Tootie Barton 444Lipscomb County, TX344 BBLs8,091 MCFJan 2025
TysonLipscomb County, TX224 BBLs3,057 MCFJan 2025
Walton AugustaLipscomb County, TX155 BBLs11,541 MCFJan 2025
WiedersteinLipscomb County, TX0 BBLs579 MCFJan 2025

Owners of Betty Lee 524

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MEWBOURNE OIL COLEE BETTY "524" #3HMEWBOURNE OIL CO
2024MEWBOURNE OIL COLEE BETTY 524 #5HMEWBOURNE OIL CO
2024MEWBOURNE OIL COLEE BETTY '524' 4HMEWBOURNE OIL CO
2024MEWBOURNE OIL COLEE BETTY '524'#1MEWBOURNE OIL CO
2024MEWBOURNE OIL COLEE BETTY '524' #2MEWBOURNE OIL CO
2024BARTON FAMILY MINERAL LLCLEE BETTY "524" #3HMEWBOURNE OIL CO
2024PEYTON ROYALTIES LPLEE BETTY "524" #3HMEWBOURNE OIL CO
2024BARTON FAMILY MINERAL LLCLEE BETTY 524 #5HMEWBOURNE OIL CO
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 1Sep 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-206837BETTY LEE 524 1Sep 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-211647BETTY LEE 524 2Sep 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-211647BETTY LEE 524 2Sep 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-247752BETTY LEE 524 3HSep 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-247752BETTY LEE 524 3HSep 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-253291BETTY LEE 524 4HSep 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-253291BETTY LEE 524 4HSep 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-258251BETTY LEE 524 5HSep 2024VALERO MARKETING AND SUPPLY COMPANYMEWBOURNE OIL COMPANY
10-258251BETTY LEE 524 5HSep 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-258251BETTY LEE 524 5HSep 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-206837BETTY LEE 524 1Aug 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-206837BETTY LEE 524 1Aug 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-211647BETTY LEE 524 2Aug 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-211647BETTY LEE 524 2Aug 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-247752BETTY LEE 524 3HAug 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-247752BETTY LEE 524 3HAug 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-253291BETTY LEE 524 4HAug 2024VALERO MARKETING AND SUPPLY COMPANYMEWBOURNE OIL COMPANY
10-253291BETTY LEE 524 4HAug 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-253291BETTY LEE 524 4HAug 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-258251BETTY LEE 524 5HAug 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-258251BETTY LEE 524 5HAug 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-206837BETTY LEE 524 1Jul 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-206837BETTY LEE 524 1Jul 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-211647BETTY LEE 524 2Jul 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY