LOWE
LOWE is a Texas gas lease in Mcmullen County, Railroad Commission district 01, operated by BPX Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from November 2022 to August 2026, totalling 4,171,617 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 the whole lease — a 100% undivided interest — at about $2.2M, with roughly $992K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 34,873 thousand cubic feet a month. Its strongest month on the record we hold was December 2022, at 405,557 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about LOWE
- Who operates LOWE?
- LOWE is operated by BPX Operating Company, Railroad Commission of Texas operator number 085408.
- Where is LOWE?
- LOWE is a Texas gas lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 294531.
- Is LOWE still producing?
- LOWE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOWE is August 2026.
- How much has LOWE produced?
- LOWE has reported 4,171,617 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2022 and August 2026, from 1 wellbore.
- How much is LOWE worth?
- The remaining production from LOWE is estimated to be worth about $2.2M in total as of 26 August 2026, within a range of $1.8M to $2.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOWE is a fraction of it. The estimate fits an Arps decline curve to the production LOWE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOWE is an estimate of value, not an offer and not an appraisal.
- How much income does LOWE generate in a year?
- LOWE is forecast to net about $992K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOWE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BPX Operating Company |
|---|---|
| Field | Hawkville (Eagleford Shale) |
| County | Mcmullen County, Texas |
| RRC district | 01 |
| Lease number | 294531 |
| Wellbores | 1 |
| Reported production | 4,171,617 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.2M |
Where LOWE sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.