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Mewbourne's total drilling budget for 2023 is estimated at $3B or about 350 wells. A portion of these funds ($175M - $200M) will be raised through the annual limited partnership. The 23-A Program is anticipated to fully subscribe by July 1st.
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Mewbourne Oil Company
South Coast Investment Advisors has been partnering with Mewbourne Oil Company for more than a decade through their annual drilling program limited partnerships. As the 3rd largest private producer of oil and natural gas in the United States, Mewbourne offers institutional access to the energy space. The company currently operates more than 3,000 wells in…