W.C.S.L. 1383
W.C.S.L. 1383 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 April 1998 to August 2026, totalling 306,188 thousand cubic feet. The lease is intermittent. 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 $834, with roughly $105 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 5 thousand cubic feet a month. Its strongest month on the record we hold was May 2017, at 347 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 W.C.S.L. 1383
- Who operates W.C.S.L. 1383?
- W.C.S.L. 1383 is operated by Lewis Petro Properties, Inc., Railroad Commission of Texas operator number 499978.
- Where is W.C.S.L. 1383?
- W.C.S.L. 1383 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 167609.
- Is W.C.S.L. 1383 still producing?
- W.C.S.L. 1383 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for W.C.S.L. 1383 is August 2026.
- How much has W.C.S.L. 1383 produced?
- W.C.S.L. 1383 has reported 306,188 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 1998 and August 2026, from 1 wellbore.
- How much is W.C.S.L. 1383 worth?
- The remaining production from W.C.S.L. 1383 is estimated to be worth about $834 in total as of 27 August 2026, within a range of $0 to $2K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in W.C.S.L. 1383 is a fraction of it. The estimate fits an Arps decline curve to the production W.C.S.L. 1383 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for W.C.S.L. 1383 is an estimate of value, not an offer and not an appraisal.
- How much income does W.C.S.L. 1383 generate in a year?
- W.C.S.L. 1383 is forecast to net about $105 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in W.C.S.L. 1383 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 | 167609 |
| Wellbores | 1 |
| Reported production | 306,188 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $834 |
Where W.C.S.L. 1383 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.