OWENS
OWENS is a Texas gas lease in Johnson County, Railroad Commission district 09, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2007 to August 2026, totalling 3,089,434 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 $657K, with roughly $100K 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 4,196 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 12,060 thousand cubic feet. 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 OWENS
- Who operates OWENS?
- OWENS is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is OWENS?
- OWENS is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 245686.
- 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 3,089,434 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2007 and August 2026, from 1 wellbore.
- How much is OWENS worth?
- The remaining production from OWENS is estimated to be worth about $657K in total as of 26 August 2026, within a range of $546K to $769K. 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 $100K 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 | Eog Resources, Inc. |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Johnson County, Texas |
| RRC district | 09 |
| Lease number | 245686 |
| Wellbores | 1 |
| Reported production | 3,089,434 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $657K |
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.