UL 14 CONWAY
UL 14 CONWAY is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Forge Energy, LLC. It has 5 wellbores on file with the Commission. Reported production runs from August 2014 to August 2026, totalling 776,694 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 $5.8M, 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 2,890 barrels a month, about 578 per wellbore. Its strongest month on the record we hold was September 2018, at 15,174 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 UL 14 CONWAY
- Who operates UL 14 CONWAY?
- UL 14 CONWAY is operated by Forge Energy, LLC, Railroad Commission of Texas operator number 276868.
- Where is UL 14 CONWAY?
- UL 14 CONWAY is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45866.
- Is UL 14 CONWAY still producing?
- UL 14 CONWAY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for UL 14 CONWAY is August 2026.
- How much has UL 14 CONWAY produced?
- UL 14 CONWAY has reported 776,694 barrels of oil (bbl) to the Railroad Commission of Texas between August 2014 and August 2026, from 5 wellbores.
- How much is UL 14 CONWAY worth?
- The remaining production from UL 14 CONWAY is estimated to be worth about $5.8M in total as of 27 August 2026, within a range of $4.8M to $6.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in UL 14 CONWAY is a fraction of it. The estimate fits an Arps decline curve to the production UL 14 CONWAY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for UL 14 CONWAY is an estimate of value, not an offer and not an appraisal.
- How much income does UL 14 CONWAY generate in a year?
- UL 14 CONWAY is forecast to net about $1.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in UL 14 CONWAY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Forge Energy, LLC |
|---|---|
| Field | Shafter Lake, N. (San Andres) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 45866 |
| Wellbores | 5 |
| Reported production | 776,694 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.8M |
Where UL 14 CONWAY 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.