OWEN, E.A. 1140
OWEN, E.A. 1140 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 February 2005 to August 2026, totalling 168,295 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 $44K, with roughly $6K 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 237 thousand cubic feet a month. Its strongest month on the record we hold was December 2022, at 1,082 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, E.A. 1140
- Who operates OWEN, E.A. 1140?
- OWEN, E.A. 1140 is operated by Lewis Petro Properties, Inc., Railroad Commission of Texas operator number 499978.
- Where is OWEN, E.A. 1140?
- OWEN, E.A. 1140 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 208825.
- Is OWEN, E.A. 1140 still producing?
- OWEN, E.A. 1140 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OWEN, E.A. 1140 is August 2026.
- How much has OWEN, E.A. 1140 produced?
- OWEN, E.A. 1140 has reported 168,295 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2005 and August 2026, from 1 wellbore.
- How much is OWEN, E.A. 1140 worth?
- The remaining production from OWEN, E.A. 1140 is estimated to be worth about $44K in total as of 26 August 2026, within a range of $34K to $53K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OWEN, E.A. 1140 is a fraction of it. The estimate fits an Arps decline curve to the production OWEN, E.A. 1140 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OWEN, E.A. 1140 is an estimate of value, not an offer and not an appraisal.
- How much income does OWEN, E.A. 1140 generate in a year?
- OWEN, E.A. 1140 is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OWEN, E.A. 1140 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 | 208825 |
| Wellbores | 1 |
| Reported production | 168,295 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $44K |
Where OWEN, E.A. 1140 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.