LOWE 74 UNIT
LOWE 74 UNIT is a Texas gas lease in Loving County, Railroad Commission district 08, operated by Alchemist Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2022 to August 2026, totalling 3,559,041 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 $8.3M, with roughly $2.5M 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 55,395 thousand cubic feet a month. Its strongest month on the record we hold was May 2022, at 127,274 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 LOWE 74 UNIT
- Who operates LOWE 74 UNIT?
- LOWE 74 UNIT is operated by Alchemist Energy, LLC, Railroad Commission of Texas operator number 011198.
- Where is LOWE 74 UNIT?
- LOWE 74 UNIT is a Texas gas lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 292869.
- Is LOWE 74 UNIT still producing?
- LOWE 74 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOWE 74 UNIT is August 2026.
- How much has LOWE 74 UNIT produced?
- LOWE 74 UNIT has reported 3,559,041 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2022 and August 2026, from 1 wellbore.
- How much is LOWE 74 UNIT worth?
- The remaining production from LOWE 74 UNIT is estimated to be worth about $8.3M in total as of 27 August 2026, within a range of $6.8M to $9.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOWE 74 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LOWE 74 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOWE 74 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LOWE 74 UNIT generate in a year?
- LOWE 74 UNIT is forecast to net about $2.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LOWE 74 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Alchemist Energy, LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 292869 |
| Wellbores | 1 |
| Reported production | 3,559,041 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.3M |
Where LOWE 74 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.