JEV-KING STATE GU B
JEV-KING STATE GU B is a Texas gas lease in Webb County, Railroad Commission district 01, operated by Lewis Petro Properties, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2025 to August 2026, totalling 4,227,102 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 $4.1M, with roughly $2.6M 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 273,825 thousand cubic feet a month. Its strongest month on the record we hold was April 2025, at 466,901 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 JEV-KING STATE GU B
- Who operates JEV-KING STATE GU B?
- JEV-KING STATE GU B is operated by Lewis Petro Properties, Inc., Railroad Commission of Texas operator number 499978.
- Where is JEV-KING STATE GU B?
- JEV-KING STATE GU B is a Texas gas lease in Webb County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 299748.
- Is JEV-KING STATE GU B still producing?
- JEV-KING STATE GU B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JEV-KING STATE GU B is August 2026.
- How much has JEV-KING STATE GU B produced?
- JEV-KING STATE GU B has reported 4,227,102 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2025 and August 2026, from 1 wellbore.
- How much is JEV-KING STATE GU B worth?
- The remaining production from JEV-KING STATE GU B is estimated to be worth about $4.1M in total as of 26 August 2026, within a range of $3.4M to $4.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JEV-KING STATE GU B is a fraction of it. The estimate fits an Arps decline curve to the production JEV-KING STATE GU B has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JEV-KING STATE GU B is an estimate of value, not an offer and not an appraisal.
- How much income does JEV-KING STATE GU B generate in a year?
- JEV-KING STATE GU B is forecast to net about $2.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JEV-KING STATE GU B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lewis Petro Properties, Inc. |
|---|---|
| Field | Hawkville (Eagleford Shale) |
| County | Webb County, Texas |
| RRC district | 01 |
| Lease number | 299748 |
| Wellbores | 1 |
| Reported production | 4,227,102 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.1M |
Where JEV-KING STATE GU B 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.