RICHTER-LOEWE
RICHTER-LOEWE is a Texas oil lease in Austin County, Railroad Commission district 03, operated by Strand Energy, L.C. It has 1 wellbore on file with the Commission. Reported production runs from November 2023 to August 2026, totalling 18,461 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 $1.8M, with roughly $408K 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 554 barrels a month. Its strongest month on the record we hold was December 2023, at 802 barrels. 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 RICHTER-LOEWE
- Who operates RICHTER-LOEWE?
- RICHTER-LOEWE is operated by Strand Energy, L.C., Railroad Commission of Texas operator number 824758.
- Where is RICHTER-LOEWE?
- RICHTER-LOEWE is a Texas oil lease in Austin County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 28117.
- Is RICHTER-LOEWE still producing?
- RICHTER-LOEWE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RICHTER-LOEWE is August 2026.
- How much has RICHTER-LOEWE produced?
- RICHTER-LOEWE has reported 18,461 barrels of oil (bbl) to the Railroad Commission of Texas between November 2023 and August 2026, from 1 wellbore.
- How much is RICHTER-LOEWE worth?
- The remaining production from RICHTER-LOEWE is estimated to be worth about $1.8M in total as of 27 August 2026, within a range of $1.4M to $2.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RICHTER-LOEWE is a fraction of it. The estimate fits an Arps decline curve to the production RICHTER-LOEWE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RICHTER-LOEWE is an estimate of value, not an offer and not an appraisal.
- How much income does RICHTER-LOEWE generate in a year?
- RICHTER-LOEWE is forecast to net about $408K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RICHTER-LOEWE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Strand Energy, L.C. |
|---|---|
| Field | New Ulm (LWR Wilcox Cons.) |
| County | Austin County, Texas |
| RRC district | 03 |
| Lease number | 28117 |
| Wellbores | 1 |
| Reported production | 18,461 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where RICHTER-LOEWE 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.