LENZ - THEISS
LENZ - THEISS is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Hawkwood Energy Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from October 2018 to August 2026, totalling 538,963 barrels. 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 $4.8M, with roughly $1.3M 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 1,944 barrels a month, about 972 per wellbore. Its strongest month on the record we hold was March 2019, at 27,098 barrels. 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 LENZ - THEISS
- Who operates LENZ - THEISS?
- LENZ - THEISS is operated by Hawkwood Energy Operating, LLC, Railroad Commission of Texas operator number 367676.
- Where is LENZ - THEISS?
- LENZ - THEISS is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 27547.
- Is LENZ - THEISS still producing?
- LENZ - THEISS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LENZ - THEISS is August 2026.
- How much has LENZ - THEISS produced?
- LENZ - THEISS has reported 538,963 barrels of oil (bbl) to the Railroad Commission of Texas between October 2018 and August 2026, from 2 wellbores.
- How much is LENZ - THEISS worth?
- The remaining production from LENZ - THEISS is estimated to be worth about $4.8M in total as of 26 August 2026, within a range of $4.0M to $5.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LENZ - THEISS is a fraction of it. The estimate fits an Arps decline curve to the production LENZ - THEISS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LENZ - THEISS is an estimate of value, not an offer and not an appraisal.
- How much income does LENZ - THEISS generate in a year?
- LENZ - THEISS is forecast to net about $1.3M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LENZ - THEISS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hawkwood Energy Operating, LLC |
|---|---|
| Field | Madisonville, W. (Woodbine -A-) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 27547 |
| Wellbores | 2 |
| Reported production | 538,963 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.8M |
Where LENZ - THEISS 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.