CERRITO 1389
CERRITO 1389 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 May 2003 to August 2026, totalling 608,524 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 $43K, with roughly $5K 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 291 thousand cubic feet a month. Its strongest month on the record we hold was December 2021, at 37,309 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 CERRITO 1389
- Who operates CERRITO 1389?
- CERRITO 1389 is operated by Lewis Petro Properties, Inc., Railroad Commission of Texas operator number 499978.
- Where is CERRITO 1389?
- CERRITO 1389 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 195372.
- Is CERRITO 1389 still producing?
- CERRITO 1389 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CERRITO 1389 is August 2026.
- How much has CERRITO 1389 produced?
- CERRITO 1389 has reported 608,524 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2003 and August 2026, from 1 wellbore.
- How much is CERRITO 1389 worth?
- The remaining production from CERRITO 1389 is estimated to be worth about $43K in total as of 27 August 2026, within a range of $33K to $52K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CERRITO 1389 is a fraction of it. The estimate fits an Arps decline curve to the production CERRITO 1389 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CERRITO 1389 is an estimate of value, not an offer and not an appraisal.
- How much income does CERRITO 1389 generate in a year?
- CERRITO 1389 is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CERRITO 1389 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 | 195372 |
| Wellbores | 1 |
| Reported production | 608,524 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $43K |
Where CERRITO 1389 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.