LOWERY UNIT
LOWERY UNIT is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Eog Resources, Inc. It has 5 wellbores on file with the Commission. Reported production runs from May 2013 to August 2026, totalling 1,092,635 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 $5.0M, with roughly $1.4M 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 2,001 barrels a month, about 400 per wellbore. Its strongest month on the record we hold was May 2019, at 76,275 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 LOWERY UNIT
- Who operates LOWERY UNIT?
- LOWERY UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is LOWERY UNIT?
- LOWERY UNIT is a Texas oil lease in Gonzales County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16964.
- Is LOWERY UNIT still producing?
- LOWERY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOWERY UNIT is August 2026.
- How much has LOWERY UNIT produced?
- LOWERY UNIT has reported 1,092,635 barrels of oil (bbl) to the Railroad Commission of Texas between May 2013 and August 2026, from 5 wellbores.
- How much is LOWERY UNIT worth?
- The remaining production from LOWERY UNIT is estimated to be worth about $5.0M in total as of 26 August 2026, within a range of $4.1M to $5.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOWERY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LOWERY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOWERY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LOWERY UNIT generate in a year?
- LOWERY UNIT is forecast to net about $1.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOWERY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Gonzales County, Texas |
| RRC district | 01 |
| Lease number | 16964 |
| Wellbores | 5 |
| Reported production | 1,092,635 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.0M |
Where LOWERY UNIT 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.