Mewbourne Oil Co.
Established in 1965, Mewbourne Oil Co. has grown into one of the more prominent independent oil and natural gas producers in the Anadarko and Permian Basins of Texas, Oklahoma and New Mexico. The company's success over the years can be attributed to a conservative approach to the business and a philosophy of managing all phases of operations from "prospect to pipeline."
From the Company's headquarters in Tyler, Texas, and with its three exploration offices located in Amarillo and Midland, Texas, and Oklahoma City along with four operation offices located in Perryton and Midland, Texas, Woodward, Okla., and Hobbs, N.M., Mewbourne Oil Co. develops oil and natural gas prospects, acquires leasehold interests, and serves as the operator in the drilling, completion and production of oil and natural gas wells. The company has focused its efforts on two of this country's most prolific producing regions, the Anadarko and Permian basins. The Anadarko and Permian basins have produced more than 42 billion barrels of oil and 220 trillion cubic feet of natural gas and contain many of the largest oil and natural gas fields in the U.S.
With over 50 years of experience operating in the Anadarko and Permian Basins, the company has developed an organization with extensive knowledge of the operations and opportunities which exist in these two producing areas. The long history of oil and natural gas drilling in these basins has provided an abundance of valuable historical data. Mewbourne's professionals are adept at utilizing this data to secure leasehold rights, evaluate potential drill sites and assess operations
Historically, the company has emphasized establishing long-life natural gas and oil reserves through the drilling of medium-depth vertical and horizontal wells between 3,000 and 20,000 feet deep. Prospective drill sites generally include field extensions, step-outs, trend plays and other anomalies that are believed to be contiguous to areas where the presence of oil and natural gas has already been established. The company currently operates over 2,100 wells.
Mewbourne Oil Co. reported results from an Eddy County, N.M., Wolfcamp discovery. The #001H Chicago 9 8 W0PM Fee is in Section 9-24s-28e and was drilled to 19,585 ft and bottomed in Section 8 with a true vertical depth of 9,460 ft. It was tested…
According to IHS Markit, Mewbourne Oil Co. has submitted cases to the Oklahoma Corporation Commission for a proposed horizontal Red Fork test in Custer County, Okla. The case seeks to create a 640-acre drilling and spacing unit for the formation…
On the Carlsbad Shelf of the Permian Basin, Mewbourne Oil Co. has completed two horizontal Bone Spring oil wells from a pad in Lea County, N.M. according to IHS Markit, #001H Dolly Varden 25-24 B2ED State Com produced 500 bbl of crude, 1.578 MMcf…
Mewbourne Oil Co. completed two Bone Spring producers to re-establish production in Wilson North Field. The wells were drilled from a drillpad in irregular section 6-21s-35e in Lea County, N.M. The #001H Cast Away 6 B2BW State Unit Com was tested…
Mewbourne Oil Co. completed a western Anadarko Basin well that initially flowed 381 bbl of 41-degree-gravity oil per day, along with 522 Mcf of gas and 879 bbl of water from Marmaton. The #27/38 M002BG Darnell-Pshigoda is in Section 27, Block 13…