PUIG, A.E. / STATE
PUIG, A.E. / STATE 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 1994 to August 2026, totalling 605,403 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 $49K, 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 415 thousand cubic feet a month. Its strongest month on the record we hold was November 2016, at 3,039 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 PUIG, A.E. / STATE
- Who operates PUIG, A.E. / STATE?
- PUIG, A.E. / STATE is operated by Lewis Petro Properties, Inc., Railroad Commission of Texas operator number 499978.
- Where is PUIG, A.E. / STATE?
- PUIG, A.E. / STATE is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 148449.
- Is PUIG, A.E. / STATE still producing?
- PUIG, A.E. / STATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PUIG, A.E. / STATE is August 2026.
- How much has PUIG, A.E. / STATE produced?
- PUIG, A.E. / STATE has reported 605,403 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 1994 and August 2026, from 1 wellbore.
- How much is PUIG, A.E. / STATE worth?
- The remaining production from PUIG, A.E. / STATE is estimated to be worth about $49K in total as of 26 August 2026, within a range of $38K to $60K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PUIG, A.E. / STATE is a fraction of it. The estimate fits an Arps decline curve to the production PUIG, A.E. / STATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PUIG, A.E. / STATE is an estimate of value, not an offer and not an appraisal.
- How much income does PUIG, A.E. / STATE generate in a year?
- PUIG, A.E. / STATE 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 PUIG, A.E. / STATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lewis Petro Properties, Inc. |
|---|---|
| Field | Santo Tomas (Escondido) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 148449 |
| Wellbores | 1 |
| Reported production | 605,403 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $49K |
Where PUIG, A.E. / STATE 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.