WEBB COUNTY SCHOOL LAND 1384
WEBB COUNTY SCHOOL LAND 1384 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 August 2005 to August 2026, totalling 245,243 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 $75K, with roughly $12K 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 496 thousand cubic feet a month. Its strongest month on the record we hold was October 2021, at 1,212 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 WEBB COUNTY SCHOOL LAND 1384
- Who operates WEBB COUNTY SCHOOL LAND 1384?
- WEBB COUNTY SCHOOL LAND 1384 is operated by Lewis Petro Properties, Inc., Railroad Commission of Texas operator number 499978.
- Where is WEBB COUNTY SCHOOL LAND 1384?
- WEBB COUNTY SCHOOL LAND 1384 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 213791.
- Is WEBB COUNTY SCHOOL LAND 1384 still producing?
- WEBB COUNTY SCHOOL LAND 1384 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WEBB COUNTY SCHOOL LAND 1384 is August 2026.
- How much has WEBB COUNTY SCHOOL LAND 1384 produced?
- WEBB COUNTY SCHOOL LAND 1384 has reported 245,243 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2005 and August 2026, from 1 wellbore.
- How much is WEBB COUNTY SCHOOL LAND 1384 worth?
- The remaining production from WEBB COUNTY SCHOOL LAND 1384 is estimated to be worth about $75K in total as of 27 August 2026, within a range of $58K to $91K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WEBB COUNTY SCHOOL LAND 1384 is a fraction of it. The estimate fits an Arps decline curve to the production WEBB COUNTY SCHOOL LAND 1384 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WEBB COUNTY SCHOOL LAND 1384 is an estimate of value, not an offer and not an appraisal.
- How much income does WEBB COUNTY SCHOOL LAND 1384 generate in a year?
- WEBB COUNTY SCHOOL LAND 1384 is forecast to net about $12K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WEBB COUNTY SCHOOL LAND 1384 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lewis Petro Properties, Inc. |
|---|---|
| Field | Owen (Olmos) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 213791 |
| Wellbores | 1 |
| Reported production | 245,243 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $75K |
Where WEBB COUNTY SCHOOL LAND 1384 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.