LOWRANCE, GENE
LOWRANCE, GENE is a Texas gas lease in Wise County, Railroad Commission district 09, operated by Mccutchin Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from December 2002 to August 2026, totalling 246,052 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 $135K, with roughly $21K 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 877 thousand cubic feet a month. Its strongest month on the record we hold was May 2020, at 1,049 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 LOWRANCE, GENE
- Who operates LOWRANCE, GENE?
- LOWRANCE, GENE is operated by Mccutchin Petroleum Corporation, Railroad Commission of Texas operator number 544550.
- Where is LOWRANCE, GENE?
- LOWRANCE, GENE is a Texas gas lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 196064.
- Is LOWRANCE, GENE still producing?
- LOWRANCE, GENE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOWRANCE, GENE is August 2026.
- How much has LOWRANCE, GENE produced?
- LOWRANCE, GENE has reported 246,052 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2002 and August 2026, from 1 wellbore.
- How much is LOWRANCE, GENE worth?
- The remaining production from LOWRANCE, GENE is estimated to be worth about $135K in total as of 26 August 2026, within a range of $105K to $164K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOWRANCE, GENE is a fraction of it. The estimate fits an Arps decline curve to the production LOWRANCE, GENE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOWRANCE, GENE is an estimate of value, not an offer and not an appraisal.
- How much income does LOWRANCE, GENE generate in a year?
- LOWRANCE, GENE is forecast to net about $21K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOWRANCE, GENE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mccutchin Petroleum Corporation |
|---|---|
| Field | Chico, West (Caddo Congl. Upper) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 196064 |
| Wellbores | 1 |
| Reported production | 246,052 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $135K |
Where LOWRANCE, GENE 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.