BOWLES
BOWLES is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Winchester Production Company. It has 1 wellbore on file with the Commission. Reported production runs from March 2004 to August 2026, totalling 1,065,639 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 $299K, with roughly $50K 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 1,825 thousand cubic feet a month. Its strongest month on the record we hold was November 2016, at 3,865 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 BOWLES
- Who operates BOWLES?
- BOWLES is operated by Winchester Production Company, Railroad Commission of Texas operator number 931352.
- Where is BOWLES?
- BOWLES is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 200845.
- Is BOWLES still producing?
- BOWLES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BOWLES is August 2026.
- How much has BOWLES produced?
- BOWLES has reported 1,065,639 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2004 and August 2026, from 1 wellbore.
- How much is BOWLES worth?
- The remaining production from BOWLES is estimated to be worth about $299K in total as of 26 August 2026, within a range of $248K to $350K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BOWLES is a fraction of it. The estimate fits an Arps decline curve to the production BOWLES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BOWLES is an estimate of value, not an offer and not an appraisal.
- How much income does BOWLES generate in a year?
- BOWLES is forecast to net about $50K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BOWLES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Winchester Production Company |
|---|---|
| Field | Bethany (Page Sand) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 200845 |
| Wellbores | 1 |
| Reported production | 1,065,639 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $299K |
Where BOWLES 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.