LEWIS-PAYNE

LEWIS-PAYNE is a Texas oil lease in Brazos County, Railroad Commission district 05, operated by Hawkwood Energy Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from December 2019 to August 2026, totalling 331,860 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 $4.6M, with roughly $1.1M 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 1,636 barrels a month, about 818 per wellbore. Its strongest month on the record we hold was December 2019, at 36,546 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 LEWIS-PAYNE

Who operates LEWIS-PAYNE?
LEWIS-PAYNE is operated by Hawkwood Energy Operating, LLC, Railroad Commission of Texas operator number 367676.
Where is LEWIS-PAYNE?
LEWIS-PAYNE is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 04426.
Is LEWIS-PAYNE still producing?
LEWIS-PAYNE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEWIS-PAYNE is August 2026.
How much has LEWIS-PAYNE produced?
LEWIS-PAYNE has reported 331,860 barrels of oil (bbl) to the Railroad Commission of Texas between December 2019 and August 2026, from 2 wellbores.
How much is LEWIS-PAYNE worth?
The remaining production from LEWIS-PAYNE is estimated to be worth about $4.6M in total as of 27 August 2026, within a range of $3.8M to $5.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEWIS-PAYNE is a fraction of it. The estimate fits an Arps decline curve to the production LEWIS-PAYNE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEWIS-PAYNE is an estimate of value, not an offer and not an appraisal.
How much income does LEWIS-PAYNE generate in a year?
LEWIS-PAYNE is forecast to net about $1.1M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LEWIS-PAYNE receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

LEWIS-PAYNE as filed with the Railroad Commission of Texas
OperatorHawkwood Energy Operating, LLC
FieldAguila Vado (Eagleford)
CountyBrazos County, Texas
RRC district05
Lease number04426
Wellbores2
Reported production331,860 bbl
First reported
Last reported
Estimated royalty value$4.6M

Where LEWIS-PAYNE 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.