LEWIS "B"

LEWIS "B" is a Texas gas lease in Leon County, Railroad Commission district 05, operated by Valence Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2007 to August 2026, totalling 1,511,232 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 $101K, with roughly $15K 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 1,230 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 5,216 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 LEWIS "B"

Who operates LEWIS "B"?
LEWIS "B" is operated by Valence Operating Company, Railroad Commission of Texas operator number 881167.
Where is LEWIS "B"?
LEWIS "B" is a Texas gas lease in Leon County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 227151.
Is LEWIS "B" still producing?
LEWIS "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEWIS "B" is August 2026.
How much has LEWIS "B" produced?
LEWIS "B" has reported 1,511,232 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2007 and August 2026, from 1 wellbore.
How much is LEWIS "B" worth?
The remaining production from LEWIS "B" is estimated to be worth about $101K in total as of 26 August 2026, within a range of $84K to $118K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEWIS "B" is a fraction of it. The estimate fits an Arps decline curve to the production LEWIS "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEWIS "B" is an estimate of value, not an offer and not an appraisal.
How much income does LEWIS "B" generate in a year?
LEWIS "B" is forecast to net about $15K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LEWIS "B" receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

LEWIS "B" as filed with the Railroad Commission of Texas
OperatorValence Operating Company
FieldFarrar (Cotton Valley Lime)
CountyLeon County, Texas
RRC district05
Lease number227151
Wellbores1
Reported production1,511,232 mcf
First reported
Last reported
Estimated royalty value$101K

Where LEWIS "B" 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.