WEBB COUNTY SCHOOL LAND 504
WEBB COUNTY SCHOOL LAND 504 is a Texas gas lease in Webb County, Railroad Commission district 01, operated by Lewis Petro Properties, Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2022 to August 2026, totalling 3,001,588 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $40K, with roughly $12K expected over the next twelve months.
| Operator | Lewis Petro Properties, Inc. |
|---|---|
| Field | Hawkville (Eagleford Shale) |
| County | Webb County, Texas |
| RRC district | 01 |
| Lease number | 293246 |
| Wellbores | 1 |
| Reported production | 3,001,588 mcf |
| First reported | June 2022 |
| Last reported | August 2026 |
| Estimated royalty value | $40K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.