NIDO RANCH 2060
NIDO RANCH 2060 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 January 2024 to August 2026, totalling 1,399,271 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 $7.9M, with roughly $1.4M 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 60,056 thousand cubic feet a month. Its strongest month on the record we hold was January 2025, at 80,821 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 NIDO RANCH 2060
- Who operates NIDO RANCH 2060?
- NIDO RANCH 2060 is operated by Lewis Petro Properties, Inc., Railroad Commission of Texas operator number 499978.
- Where is NIDO RANCH 2060?
- NIDO RANCH 2060 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 296849.
- Is NIDO RANCH 2060 still producing?
- NIDO RANCH 2060 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NIDO RANCH 2060 is August 2026.
- How much has NIDO RANCH 2060 produced?
- NIDO RANCH 2060 has reported 1,399,271 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2024 and August 2026, from 1 wellbore.
- How much is NIDO RANCH 2060 worth?
- The remaining production from NIDO RANCH 2060 is estimated to be worth about $7.9M in total as of 26 August 2026, within a range of $6.5M to $9.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NIDO RANCH 2060 is a fraction of it. The estimate fits an Arps decline curve to the production NIDO RANCH 2060 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NIDO RANCH 2060 is an estimate of value, not an offer and not an appraisal.
- How much income does NIDO RANCH 2060 generate in a year?
- NIDO RANCH 2060 is forecast to net about $1.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NIDO RANCH 2060 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lewis Petro Properties, Inc. |
|---|---|
| Field | Owen (Olmos) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 296849 |
| Wellbores | 1 |
| Reported production | 1,399,271 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $7.9M |
Where NIDO RANCH 2060 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.