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 - Aug 2024
Total Oil Production134,990 BBLs
Total Gas Production3,933,279 MCF
Recent Oil Production190 BBLs in Jul 2024
Recent Gas Production7,322 MCF in Jul 2024
Wells on Property5

Our Valuation Estimates for Betty Lee 524

ShaleAssessment™

$26,855 *

MarketMultiple™

$49,001 **

* 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 Aug 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, TX295 BBLs8,393 MCFAug 2024
BartonLipscomb County, TX149 BBLs7,790 MCFAug 2024
Barton JLipscomb County, TX5 BBLs922 MCFAug 2024
Barton Jay D. EtalLipscomb County, TX299 BBLs12,421 MCFAug 2024
CooperLipscomb County, TX1,025 BBLs19,903 MCFAug 2024
DR TysonLipscomb County, TX42 BBLs3,594 MCFAug 2024
GravesLipscomb County, TX674 BBLs13,503 MCFAug 2024
HurnLipscomb County, TX400 BBLs8,516 MCFAug 2024
Jan 437Lipscomb County, TX342 BBLs11,601 MCFAug 2024
KarnesLipscomb County, TX340 BBLs9,601 MCFAug 2024
Landers 5Lipscomb County, TX27 BBLs8,409 MCFAug 2024
LaubhanLipscomb County, TX433 BBLs14,707 MCFAug 2024
Little Sister 445Lipscomb County, TX37 BBLs4,010 MCFAug 2024
PaulLipscomb County, TX0 BBLs4,679 MCFAug 2024
Price WLipscomb County, TX2,084 BBLs48,093 MCFAug 2024
Rocks 446Lipscomb County, TX126 BBLs2,014 MCFAug 2024
Tootie Barton 444Lipscomb County, TX298 BBLs10,633 MCFAug 2024
TysonLipscomb County, TX112 BBLs3,461 MCFAug 2024
Walton AugustaLipscomb County, TX251 BBLs12,702 MCFAug 2024
WiedersteinLipscomb County, TX0 BBLs695 MCFAug 2024

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 Co.
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
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 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
10-211647BETTY LEE 524 2Jul 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-247752BETTY LEE 524 3HJul 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-247752BETTY LEE 524 3HJul 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-253291BETTY LEE 524 4HJul 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-253291BETTY LEE 524 4HJul 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-258251BETTY LEE 524 5HJul 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-258251BETTY LEE 524 5HJul 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-206837BETTY LEE 524 1Jun 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-206837BETTY LEE 524 1Jun 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-211647BETTY LEE 524 2Jun 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-211647BETTY LEE 524 2Jun 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-247752BETTY LEE 524 3HJun 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-247752BETTY LEE 524 3HJun 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-253291BETTY LEE 524 4HJun 2024VALERO MARKETING AND SUPPLY COMPANYMEWBOURNE OIL COMPANY
10-253291BETTY LEE 524 4HJun 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-253291BETTY LEE 524 4HJun 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-258251BETTY LEE 524 5HJun 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-258251BETTY LEE 524 5HJun 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-206837BETTY LEE 524 1May 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-206837BETTY LEE 524 1May 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY
10-211647BETTY LEE 524 2May 2024ETC TEXAS PIPELINE, LTD.MEWBOURNE OIL COMPANY
10-211647BETTY LEE 524 2May 2024MEWBOURNE OIL COMPANYMEWBOURNE OIL COMPANY