OWENS, W. C.
OWENS, W. C. is a Texas oil lease in Shackelford County, Railroad Commission district 7B, operated by J & R Producing Co. It has 14 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 55,620 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 $408K, with roughly $79K 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 107 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was May 2018, at 308 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 OWENS, W. C.
- Who operates OWENS, W. C.?
- OWENS, W. C. is operated by J & R Producing Co., Railroad Commission of Texas operator number 427840.
- Where is OWENS, W. C.?
- OWENS, W. C. is a Texas oil lease in Shackelford County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 03296.
- Is OWENS, W. C. still producing?
- OWENS, W. C. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OWENS, W. C. is August 2026.
- How much has OWENS, W. C. produced?
- OWENS, W. C. has reported 55,620 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 14 wellbores.
- How much is OWENS, W. C. worth?
- The remaining production from OWENS, W. C. is estimated to be worth about $408K in total as of 26 August 2026, within a range of $318K to $498K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OWENS, W. C. is a fraction of it. The estimate fits an Arps decline curve to the production OWENS, W. C. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OWENS, W. C. is an estimate of value, not an offer and not an appraisal.
- How much income does OWENS, W. C. generate in a year?
- OWENS, W. C. is forecast to net about $79K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OWENS, W. C. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | J & R Producing Co. |
|---|---|
| Field | Shackelford County Regular |
| County | Shackelford County, Texas |
| RRC district | 7B |
| Lease number | 03296 |
| Wellbores | 14 |
| Reported production | 55,620 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $408K |
Where OWENS, W. C. 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.