OWENS, NELLIE

OWENS, NELLIE is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Exxon Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 2,891,557 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 $155K, with roughly $27K 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 948 thousand cubic feet a month. Its strongest month on the record we hold was December 2017, at 4,149 thousand cubic feet. 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 OWENS, NELLIE

Who operates OWENS, NELLIE?
OWENS, NELLIE is operated by Exxon Corp., Railroad Commission of Texas operator number 257097.
Where is OWENS, NELLIE?
OWENS, NELLIE is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 144597.
Is OWENS, NELLIE still producing?
OWENS, NELLIE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OWENS, NELLIE is August 2026.
How much has OWENS, NELLIE produced?
OWENS, NELLIE has reported 2,891,557 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is OWENS, NELLIE worth?
The remaining production from OWENS, NELLIE is estimated to be worth about $155K in total as of 27 August 2026, within a range of $121K to $189K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OWENS, NELLIE is a fraction of it. The estimate fits an Arps decline curve to the production OWENS, NELLIE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OWENS, NELLIE is an estimate of value, not an offer and not an appraisal.
How much income does OWENS, NELLIE generate in a year?
OWENS, NELLIE is forecast to net about $27K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in OWENS, NELLIE receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

OWENS, NELLIE as filed with the Railroad Commission of Texas
OperatorExxon Corp.
FieldCarthage (Cotton Valley)
CountyPanola County, Texas
RRC district06
Lease number144597
Wellbores1
Reported production2,891,557 mcf
First reported
Last reported
Estimated royalty value$155K

Where OWENS, NELLIE 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.