WAYNE LOWRANCE
WAYNE LOWRANCE is a Texas oil lease in Young County, Railroad Commission district 09, operated by Pryor Petroleum Corporation. It has 2 wellbores on file with the Commission. Reported production runs from March 2012 to August 2026, totalling 21,027 barrels. 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 $54K, with roughly $10K 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 21 barrels a month, about 11 per wellbore. Its strongest month on the record we hold was December 2016, at 204 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 WAYNE LOWRANCE
- Who operates WAYNE LOWRANCE?
- WAYNE LOWRANCE is operated by Pryor Petroleum Corporation, Railroad Commission of Texas operator number 682038.
- Where is WAYNE LOWRANCE?
- WAYNE LOWRANCE is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 32298.
- Is WAYNE LOWRANCE still producing?
- WAYNE LOWRANCE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WAYNE LOWRANCE is August 2026.
- How much has WAYNE LOWRANCE produced?
- WAYNE LOWRANCE has reported 21,027 barrels of oil (bbl) to the Railroad Commission of Texas between March 2012 and August 2026, from 2 wellbores.
- How much is WAYNE LOWRANCE worth?
- The remaining production from WAYNE LOWRANCE is estimated to be worth about $54K in total as of 26 August 2026, within a range of $30K to $79K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WAYNE LOWRANCE is a fraction of it. The estimate fits an Arps decline curve to the production WAYNE LOWRANCE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WAYNE LOWRANCE is an estimate of value, not an offer and not an appraisal.
- How much income does WAYNE LOWRANCE generate in a year?
- WAYNE LOWRANCE is forecast to net about $10K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WAYNE LOWRANCE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pryor Petroleum Corporation |
|---|---|
| Field | Bryson, East |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 32298 |
| Wellbores | 2 |
| Reported production | 21,027 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $54K |
Where WAYNE LOWRANCE 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.