LAUREL, F. D. # 1390
LAUREL, F. D. # 1390 is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Lewis Petro Properties, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 1997 to August 2026, totalling 1,112,318 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 $271K, with roughly $41K 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 2,368 thousand cubic feet a month. Its strongest month on the record we hold was April 2019, at 3,103 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 LAUREL, F. D. # 1390
- Who operates LAUREL, F. D. # 1390?
- LAUREL, F. D. # 1390 is operated by Lewis Petro Properties, Inc., Railroad Commission of Texas operator number 499978.
- Where is LAUREL, F. D. # 1390?
- LAUREL, F. D. # 1390 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 162444.
- Is LAUREL, F. D. # 1390 still producing?
- LAUREL, F. D. # 1390 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LAUREL, F. D. # 1390 is August 2026.
- How much has LAUREL, F. D. # 1390 produced?
- LAUREL, F. D. # 1390 has reported 1,112,318 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 1997 and August 2026, from 1 wellbore.
- How much is LAUREL, F. D. # 1390 worth?
- The remaining production from LAUREL, F. D. # 1390 is estimated to be worth about $271K in total as of 27 August 2026, within a range of $225K to $317K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LAUREL, F. D. # 1390 is a fraction of it. The estimate fits an Arps decline curve to the production LAUREL, F. D. # 1390 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LAUREL, F. D. # 1390 is an estimate of value, not an offer and not an appraisal.
- How much income does LAUREL, F. D. # 1390 generate in a year?
- LAUREL, F. D. # 1390 is forecast to net about $41K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LAUREL, F. D. # 1390 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lewis Petro Properties, Inc. |
|---|---|
| Field | Bill Barkey (Escondido) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 162444 |
| Wellbores | 1 |
| Reported production | 1,112,318 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $271K |
Where LAUREL, F. D. # 1390 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.