LAS ISLITAS
LAS ISLITAS 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 October 2022 to August 2026, totalling 7,700,765 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 $10.7M, with roughly $2.1M 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 101,158 thousand cubic feet a month. Its strongest month on the record we hold was December 2022, at 430,769 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 LAS ISLITAS
- Who operates LAS ISLITAS?
- LAS ISLITAS is operated by Lewis Petro Properties, Inc., Railroad Commission of Texas operator number 499978.
- Where is LAS ISLITAS?
- LAS ISLITAS is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 294280.
- Is LAS ISLITAS still producing?
- LAS ISLITAS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LAS ISLITAS is August 2026.
- How much has LAS ISLITAS produced?
- LAS ISLITAS has reported 7,700,765 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2022 and August 2026, from 1 wellbore.
- How much is LAS ISLITAS worth?
- The remaining production from LAS ISLITAS is estimated to be worth about $10.7M in total as of 26 August 2026, within a range of $8.7M to $12.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LAS ISLITAS is a fraction of it. The estimate fits an Arps decline curve to the production LAS ISLITAS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LAS ISLITAS is an estimate of value, not an offer and not an appraisal.
- How much income does LAS ISLITAS generate in a year?
- LAS ISLITAS is forecast to net about $2.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LAS ISLITAS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lewis Petro Properties, Inc. |
|---|---|
| Field | Hawkville (Austin Chalk) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 294280 |
| Wellbores | 1 |
| Reported production | 7,700,765 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $10.7M |
Where LAS ISLITAS 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.