LOWE 7-1
LOWE 7-1 is a Texas oil lease in Shackelford County, Railroad Commission district 7B, operated by Tabor Creek Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2013 to August 2026, totalling 182 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 $4K, with roughly $754 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 barrels a month. Its strongest month on the record we hold was June 2016, at 3 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 7-1
- Who operates LOWE 7-1?
- LOWE 7-1 is operated by Tabor Creek Oil Company, Railroad Commission of Texas operator number 834335.
- Where is LOWE 7-1?
- LOWE 7-1 is a Texas oil lease in Shackelford County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 32006.
- Is LOWE 7-1 still producing?
- LOWE 7-1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOWE 7-1 is August 2026.
- How much has LOWE 7-1 produced?
- LOWE 7-1 has reported 182 barrels of oil (bbl) to the Railroad Commission of Texas between August 2013 and August 2026, from 1 wellbore.
- How much is LOWE 7-1 worth?
- The remaining production from LOWE 7-1 is estimated to be worth about $4K in total as of 27 August 2026, within a range of $0 to $8K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOWE 7-1 is a fraction of it. The estimate fits an Arps decline curve to the production LOWE 7-1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOWE 7-1 is an estimate of value, not an offer and not an appraisal.
- How much income does LOWE 7-1 generate in a year?
- LOWE 7-1 is forecast to net about $754 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LOWE 7-1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Tabor Creek Oil Company |
|---|---|
| Field | Shackelford County Regular |
| County | Shackelford County, Texas |
| RRC district | 7B |
| Lease number | 32006 |
| Wellbores | 1 |
| Reported production | 182 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where LOWE 7-1 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.