CARWAY, F. E.
CARWAY, F. E. is a Texas gas lease in Eastland County, Railroad Commission district 7B, operated by Lesikar, L. W. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 47,262 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 $14K, 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 73 thousand cubic feet a month. Its strongest month on the record we hold was August 2020, at 124 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 CARWAY, F. E.
- Who operates CARWAY, F. E.?
- CARWAY, F. E. is operated by Lesikar, L. W., Railroad Commission of Texas operator number 496925.
- Where is CARWAY, F. E.?
- CARWAY, F. E. is a Texas gas lease in Eastland County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 130834.
- Is CARWAY, F. E. still producing?
- CARWAY, F. E. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CARWAY, F. E. is August 2026.
- How much has CARWAY, F. E. produced?
- CARWAY, F. E. has reported 47,262 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CARWAY, F. E. worth?
- The remaining production from CARWAY, F. E. is estimated to be worth about $14K in total as of 27 August 2026, within a range of $8K to $21K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CARWAY, F. E. is a fraction of it. The estimate fits an Arps decline curve to the production CARWAY, F. E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CARWAY, F. E. is an estimate of value, not an offer and not an appraisal.
- How much income does CARWAY, F. E. generate in a year?
- CARWAY, F. E. is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CARWAY, F. E. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lesikar, L. W. |
|---|---|
| Field | Harriet, L. (Miss.) |
| County | Eastland County, Texas |
| RRC district | 7B |
| Lease number | 130834 |
| Wellbores | 1 |
| Reported production | 47,262 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $14K |
Where CARWAY, F. E. 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.