OWEN 1136
OWEN 1136 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 May 2005 to August 2026, totalling 244,678 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 $37K, with roughly $9K 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 584 thousand cubic feet a month. Its strongest month on the record we hold was July 2023, at 1,895 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 OWEN 1136
- Who operates OWEN 1136?
- OWEN 1136 is operated by Lewis Petro Properties, Inc., Railroad Commission of Texas operator number 499978.
- Where is OWEN 1136?
- OWEN 1136 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 211494.
- Is OWEN 1136 still producing?
- OWEN 1136 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OWEN 1136 is August 2026.
- How much has OWEN 1136 produced?
- OWEN 1136 has reported 244,678 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2005 and August 2026, from 1 wellbore.
- How much is OWEN 1136 worth?
- The remaining production from OWEN 1136 is estimated to be worth about $37K in total as of 26 August 2026, within a range of $29K to $46K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OWEN 1136 is a fraction of it. The estimate fits an Arps decline curve to the production OWEN 1136 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OWEN 1136 is an estimate of value, not an offer and not an appraisal.
- How much income does OWEN 1136 generate in a year?
- OWEN 1136 is forecast to net about $9K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OWEN 1136 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 | 211494 |
| Wellbores | 1 |
| Reported production | 244,678 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $37K |
Where OWEN 1136 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.