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 2024
Total Oil Production132,922 BBLs
Total Gas Production3,870,984 MCF
Recent Oil Production108 BBLs in Dec 2023
Recent Gas Production6,667 MCF in Dec 2023
Wells on Property5

Our Valuation Estimates for Betty Lee 524

ShaleAssessment

$34,071 *

MarketMultiple

$56,277 **

* 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 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 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, TX292 BBLs10,587 MCFJan 2024
BartonLipscomb County, TX180 BBLs8,367 MCFJan 2024
Barton JLipscomb County, TX10 BBLs871 MCFJan 2024
Barton Jay D. EtalLipscomb County, TX587 BBLs15,620 MCFJan 2024
CooperLipscomb County, TX857 BBLs17,710 MCFJan 2024
DR TysonLipscomb County, TX32 BBLs3,046 MCFJan 2024
GravesLipscomb County, TX522 BBLs13,938 MCFJan 2024
HurnLipscomb County, TX465 BBLs8,413 MCFJan 2024
Jan 437Lipscomb County, TX233 BBLs11,464 MCFJan 2024
KarnesLipscomb County, TX362 BBLs13,810 MCFJan 2024
Landers 5Lipscomb County, TX158 BBLs10,248 MCFJan 2024
LaubhanLipscomb County, TX636 BBLs15,148 MCFJan 2024
Little Sister 445Lipscomb County, TX0 BBLs4,282 MCFJan 2024
PaulLipscomb County, TX0 BBLs4,590 MCFJan 2024
Price WLipscomb County, TX2,219 BBLs48,488 MCFJan 2024
Rocks 446Lipscomb County, TX104 BBLs1,401 MCFJan 2024
Tootie Barton 444Lipscomb County, TX416 BBLs9,021 MCFJan 2024
TysonLipscomb County, TX146 BBLs3,740 MCFJan 2024
Walton AugustaLipscomb County, TX496 BBLs15,198 MCFJan 2024
WiedersteinLipscomb County, TX0 BBLs782 MCFJan 2024

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 1Nov 2023ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-206837BETTY LEE 524 1Nov 2023MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-211647BETTY LEE 524 2Nov 2023ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-211647BETTY LEE 524 2Nov 2023MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-247752BETTY LEE 524 3HNov 2023ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-247752BETTY LEE 524 3HNov 2023MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-253291BETTY LEE 524 4HNov 2023ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-253291BETTY LEE 524 4HNov 2023MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-258251BETTY LEE 524 5HNov 2023ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-258251BETTY LEE 524 5HNov 2023MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-206837BETTY LEE 524 1Oct 2023VALERO MARKETING AND SUPPLY COMPANYMEWBOURNE OIL COMPANY
10-206837BETTY LEE 524 1Oct 2023ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-206837BETTY LEE 524 1Oct 2023MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-209085BETTY LEE 524 2Oct 2023VALERO MARKETING AND SUPPLY COMPANYMEWBOURNE OIL COMPANY
10-211647BETTY LEE 524 2Oct 2023ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-211647BETTY LEE 524 2Oct 2023MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-247752BETTY LEE 524 3HOct 2023VALERO MARKETING AND SUPPLY COMPANYMEWBOURNE OIL COMPANY
10-247752BETTY LEE 524 3HOct 2023ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-247752BETTY LEE 524 3HOct 2023MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-253291BETTY LEE 524 4HOct 2023VALERO MARKETING AND SUPPLY COMPANYMEWBOURNE OIL COMPANY
10-253291BETTY LEE 524 4HOct 2023ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-253291BETTY LEE 524 4HOct 2023MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-258251BETTY LEE 524 5HOct 2023VALERO MARKETING AND SUPPLY COMPANYMEWBOURNE OIL COMPANY
10-258251BETTY LEE 524 5HOct 2023ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-258251BETTY LEE 524 5HOct 2023MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY