OWENS
OWENS is a Texas oil lease in Cass County, Railroad Commission district 06, operated by Barrow-Shaver Resources Co. It has 1 wellbore on file with the Commission. Reported production runs from April 2023 to August 2026, totalling 67,265 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 $175K, with roughly $130K 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 485 barrels a month. Its strongest month on the record we hold was May 2023, at 6,985 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
- Who operates OWENS?
- OWENS is operated by Barrow-Shaver Resources Co., Railroad Commission of Texas operator number 053321.
- Where is OWENS?
- OWENS is a Texas oil lease in Cass County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15989.
- Is OWENS still producing?
- OWENS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OWENS is August 2026.
- How much has OWENS produced?
- OWENS has reported 67,265 barrels of oil (bbl) to the Railroad Commission of Texas between April 2023 and August 2026, from 1 wellbore.
- How much is OWENS worth?
- The remaining production from OWENS is estimated to be worth about $175K in total as of 26 August 2026, within a range of $137K to $214K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OWENS is a fraction of it. The estimate fits an Arps decline curve to the production OWENS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OWENS is an estimate of value, not an offer and not an appraisal.
- How much income does OWENS generate in a year?
- OWENS is forecast to net about $130K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OWENS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Barrow-Shaver Resources Co. |
|---|---|
| Field | Hidden Rock (Cotton Valley Lime) |
| County | Cass County, Texas |
| RRC district | 06 |
| Lease number | 15989 |
| Wellbores | 1 |
| Reported production | 67,265 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $175K |
Where OWENS 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.