GARNER RANCH 816
GARNER RANCH 816 is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Lewis Petro Properties, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2008 to August 2026, totalling 540,367 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 $138K, with roughly $21K 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 1,191 thousand cubic feet a month. Its strongest month on the record we hold was April 2019, at 2,052 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 GARNER RANCH 816
- Who operates GARNER RANCH 816?
- GARNER RANCH 816 is operated by Lewis Petro Properties, Inc., Railroad Commission of Texas operator number 499978.
- Where is GARNER RANCH 816?
- GARNER RANCH 816 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 241606.
- Is GARNER RANCH 816 still producing?
- GARNER RANCH 816 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GARNER RANCH 816 is August 2026.
- How much has GARNER RANCH 816 produced?
- GARNER RANCH 816 has reported 540,367 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2008 and August 2026, from 1 wellbore.
- How much is GARNER RANCH 816 worth?
- The remaining production from GARNER RANCH 816 is estimated to be worth about $138K in total as of 26 August 2026, within a range of $114K to $161K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GARNER RANCH 816 is a fraction of it. The estimate fits an Arps decline curve to the production GARNER RANCH 816 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GARNER RANCH 816 is an estimate of value, not an offer and not an appraisal.
- How much income does GARNER RANCH 816 generate in a year?
- GARNER RANCH 816 is forecast to net about $21K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GARNER RANCH 816 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lewis Petro Properties, Inc. |
|---|---|
| Field | Tom Walsh (Olmos) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 241606 |
| Wellbores | 1 |
| Reported production | 540,367 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $138K |
Where GARNER RANCH 816 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.