LEWIS
LEWIS is a Texas oil lease in Nolan County, Railroad Commission district 7B, operated by VX Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2020 to August 2026, totalling 68,962 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 $667K, with roughly $205K 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 371 barrels a month. Its strongest month on the record we hold was December 2020, at 2,985 barrels. 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 LEWIS
- Who operates LEWIS?
- LEWIS is operated by VX Operating, LLC, Railroad Commission of Texas operator number 888024.
- Where is LEWIS?
- LEWIS is a Texas oil lease in Nolan County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 32482.
- Is LEWIS still producing?
- LEWIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEWIS is August 2026.
- How much has LEWIS produced?
- LEWIS has reported 68,962 barrels of oil (bbl) to the Railroad Commission of Texas between October 2020 and August 2026, from 1 wellbore.
- How much is LEWIS worth?
- The remaining production from LEWIS is estimated to be worth about $667K in total as of 26 August 2026, within a range of $520K to $814K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEWIS is a fraction of it. The estimate fits an Arps decline curve to the production LEWIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEWIS is an estimate of value, not an offer and not an appraisal.
- How much income does LEWIS generate in a year?
- LEWIS is forecast to net about $205K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LEWIS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | VX Operating, LLC |
|---|---|
| Field | Obp (Palo Pinto) |
| County | Nolan County, Texas |
| RRC district | 7B |
| Lease number | 32482 |
| Wellbores | 1 |
| Reported production | 68,962 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $667K |
Where LEWIS 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.