LOU LEE
LOU LEE is a Texas gas lease in Crane County, Railroad Commission district 08, operated by Martin, Jimmy Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2008 to August 2026, totalling 85,380 thousand cubic feet. 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 $19K, with roughly $2K 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 134 thousand cubic feet a month. Its strongest month on the record we hold was November 2021, at 957 thousand cubic feet. 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 LOU LEE
- Who operates LOU LEE?
- LOU LEE is operated by Martin, Jimmy Inc, Railroad Commission of Texas operator number 530596.
- Where is LOU LEE?
- LOU LEE is a Texas gas lease in Crane County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 240091.
- Is LOU LEE still producing?
- LOU LEE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOU LEE is August 2026.
- How much has LOU LEE produced?
- LOU LEE has reported 85,380 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2008 and August 2026, from 1 wellbore.
- How much is LOU LEE worth?
- The remaining production from LOU LEE is estimated to be worth about $19K in total as of 26 August 2026, within a range of $15K to $23K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOU LEE is a fraction of it. The estimate fits an Arps decline curve to the production LOU LEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOU LEE is an estimate of value, not an offer and not an appraisal.
- How much income does LOU LEE generate in a year?
- LOU LEE is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOU LEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Martin, Jimmy Inc |
|---|---|
| Field | Sand Hills (Mcknight) |
| County | Crane County, Texas |
| RRC district | 08 |
| Lease number | 240091 |
| Wellbores | 1 |
| Reported production | 85,380 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $19K |
Where LOU LEE 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.