OWENS GAS UNIT NO 2
OWENS GAS UNIT NO 2 is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by O'Ryan Oil And Gas. It has 1 wellbore on file with the Commission. Reported production runs from January 2012 to August 2026, totalling 158,872 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 $44K, with roughly $13K 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 567 thousand cubic feet a month. Its strongest month on the record we hold was July 2022, at 2,516 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 OWENS GAS UNIT NO 2
- Who operates OWENS GAS UNIT NO 2?
- OWENS GAS UNIT NO 2 is operated by O'Ryan Oil And Gas, Railroad Commission of Texas operator number 617042.
- Where is OWENS GAS UNIT NO 2?
- OWENS GAS UNIT NO 2 is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 265783.
- Is OWENS GAS UNIT NO 2 still producing?
- OWENS GAS UNIT NO 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OWENS GAS UNIT NO 2 is August 2026.
- How much has OWENS GAS UNIT NO 2 produced?
- OWENS GAS UNIT NO 2 has reported 158,872 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2012 and August 2026, from 1 wellbore.
- How much is OWENS GAS UNIT NO 2 worth?
- The remaining production from OWENS GAS UNIT NO 2 is estimated to be worth about $44K in total as of 27 August 2026, within a range of $34K to $53K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OWENS GAS UNIT NO 2 is a fraction of it. The estimate fits an Arps decline curve to the production OWENS GAS UNIT NO 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OWENS GAS UNIT NO 2 is an estimate of value, not an offer and not an appraisal.
- How much income does OWENS GAS UNIT NO 2 generate in a year?
- OWENS GAS UNIT NO 2 is forecast to net about $13K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in OWENS GAS UNIT NO 2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | O'Ryan Oil And Gas |
|---|---|
| Field | Nan-Su-Gail (CV Consolidated) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 265783 |
| Wellbores | 1 |
| Reported production | 158,872 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $44K |
Where OWENS GAS UNIT NO 2 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.