Betty Lee 524

Oil & Gas Property in Lipscomb County, TX

Property Summary

Key data points for Betty Lee 524

CountyLipscomb County, TX
Production DatesJan 2005 - Jun 2024
Total Oil Production134,680 BBLs
Total Gas Production3,917,855 MCF
Recent Oil Production197 BBLs in May 2024
Recent Gas Production7,346 MCF in May 2024
Wells on Property5

Our Valuation Estimates for Betty Lee 524

ShaleAssessment

$27,552 *

MarketMultiple

$54,337 **

* 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 Jun 2024

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"MEWBOURNE OIL COMPANYLipscomb County, TX
10-209085BETTY LEE "524"MEWBOURNE OIL COMPANYLipscomb County, TX
10-211647BETTY LEE "524"MEWBOURNE OIL COMPANYLipscomb County, TX
10-247752BETTY LEE "524"MEWBOURNE OIL COMPANYLipscomb County, TX
10-253291BETTY LEE "524"MEWBOURNE OIL COMPANYLipscomb County, TX
10-258251BETTY LEE "524"MEWBOURNE 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, TX218 BBLs4,760 MCFJun 2024
BartonLipscomb County, TX143 BBLs7,862 MCFJun 2024
Barton JLipscomb County, TX21 BBLs909 MCFJun 2024
Barton Jay D. EtalLipscomb County, TX612 BBLs14,368 MCFJun 2024
CooperLipscomb County, TX293 BBLs12,240 MCFJun 2024
DR TysonLipscomb County, TX28 BBLs3,485 MCFJun 2024
GravesLipscomb County, TX601 BBLs14,205 MCFJun 2024
HurnLipscomb County, TX453 BBLs8,374 MCFJun 2024
Jan 437Lipscomb County, TX178 BBLs11,900 MCFJun 2024
KarnesLipscomb County, TX442 BBLs9,164 MCFMay 2024
Landers 5Lipscomb County, TX6 BBLs9,127 MCFJun 2024
LaubhanLipscomb County, TX620 BBLs16,408 MCFJun 2024
Little Sister 445Lipscomb County, TX5 BBLs4,278 MCFJun 2024
PaulLipscomb County, TX0 BBLs4,607 MCFJun 2024
Price WLipscomb County, TX2,149 BBLs53,493 MCFJun 2024
Rocks 446Lipscomb County, TX109 BBLs2,342 MCFJun 2024
Tootie Barton 444Lipscomb County, TX260 BBLs10,420 MCFJun 2024
TysonLipscomb County, TX78 BBLs2,455 MCFJun 2024
Walton AugustaLipscomb County, TX361 BBLs13,259 MCFJun 2024
WiedersteinLipscomb County, TX0 BBLs684 MCFJun 2024

Companies in the Area

These are the closest 0 companies operating near the Betty Lee 524 property.

Company Name

Owners of Betty Lee 524

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023MEWBOURNE OIL COLEE BETTY 524 #5HMEWBOURNE OIL CO
2023MEWBOURNE OIL COLEE BETTY '524' #2MEWBOURNE OIL CO
2023MEWBOURNE OIL COLEE BETTY '524' #3HMEWBOURNE OIL CO
2023MEWBOURNE OIL COLEE BETTY '524' 4HMEWBOURNE OIL CO
2023MEWBOURNE OIL COLEE BETTY '524'#1MEWBOURNE OIL CO
2023FIELDS MARGARET JANLEE BETTY 524 #5HMEWBOURNE OIL CO
2023PEYTON ROYALTIES LPLEE BETTY 524 #5HMEWBOURNE OIL CO
2023FIELDS MARGARET JANLEE BETTY '524' #2MEWBOURNE 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"Mar 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-206837BETTY LEE "524"Mar 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-211647BETTY LEE "524"Mar 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-211647BETTY LEE "524"Mar 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-247752BETTY LEE "524"Mar 2024VALERO MARKETING AND SUPPLY COMPANYMEWBOURNE OIL COMPANY
10-247752BETTY LEE "524"Mar 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-247752BETTY LEE "524"Mar 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-253291BETTY LEE "524"Mar 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-253291BETTY LEE "524"Mar 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-258251BETTY LEE "524"Mar 2024VALERO MARKETING AND SUPPLY COMPANYMEWBOURNE OIL COMPANY
10-258251BETTY LEE "524"Mar 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-258251BETTY LEE "524"Mar 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-206837BETTY LEE "524"Feb 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-206837BETTY LEE "524"Feb 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-211647BETTY LEE "524"Feb 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-211647BETTY LEE "524"Feb 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-247752BETTY LEE "524"Feb 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-247752BETTY LEE "524"Feb 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-253291BETTY LEE "524"Feb 2024VALERO MARKETING AND SUPPLY COMPANYMEWBOURNE OIL COMPANY
10-253291BETTY LEE "524"Feb 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-253291BETTY LEE "524"Feb 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-258251BETTY LEE "524"Feb 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-258251BETTY LEE "524"Feb 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-206837BETTY LEE "524"Jan 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-206837BETTY LEE "524"Jan 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY