OWENS 1-75 LOV
OWENS 1-75 LOV is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 2012 to August 2026, totalling 263,713 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 $1.5M, with roughly $398K 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 585 barrels a month. Its strongest month on the record we hold was May 2016, at 2,523 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 1-75 LOV
- Who operates OWENS 1-75 LOV?
- OWENS 1-75 LOV is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is OWENS 1-75 LOV?
- OWENS 1-75 LOV is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 42147.
- Is OWENS 1-75 LOV still producing?
- OWENS 1-75 LOV is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OWENS 1-75 LOV is August 2026.
- How much has OWENS 1-75 LOV produced?
- OWENS 1-75 LOV has reported 263,713 barrels of oil (bbl) to the Railroad Commission of Texas between February 2012 and August 2026, from 1 wellbore.
- How much is OWENS 1-75 LOV worth?
- The remaining production from OWENS 1-75 LOV is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.2M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OWENS 1-75 LOV is a fraction of it. The estimate fits an Arps decline curve to the production OWENS 1-75 LOV has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OWENS 1-75 LOV is an estimate of value, not an offer and not an appraisal.
- How much income does OWENS 1-75 LOV generate in a year?
- OWENS 1-75 LOV is forecast to net about $398K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OWENS 1-75 LOV receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Moore-Hooper (Wlfcmp\Penn Cons) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 42147 |
| Wellbores | 1 |
| Reported production | 263,713 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where OWENS 1-75 LOV 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.