Mrs. Owl was out all of last night, from

8:06 pm Monday night until 5:45 am Tuesday morning. The first photo shows her returning. She spent all day incubating and turning the egg. Occasionally she preened her feathers. Sometime between 7:23 am and 4:36 pm she laid another egg. She never got off the first egg long enough for us to see exactly when in that stretch the second egg was laid.
Tonight, she left around sunset, and hasn't been back in 4 hours so far.
Monday night was a cold night for spring, dipping into the upper forties, so she probably hasn't started incubating the eggs in earnest. Once she starts incubating them, she will only take short 5-20 minute morning and evening breaks, relying entirely on her partner for hunting.
In our experience, full-time incubation usually starts with the second egg, so tonight may be the last night she spends any significant time outside the box.
Unlike some birds, owls start incubating before the full clutch is complete, which leads to staggered hatching, 1-2 days apart. This means the eldest owlet will be significantly bigger than the youngest at first. This, combined with the owls' tendency to feed the most aggressive, means that if the food supply ends up being disappointingly small, the youngest will probably starve. Luckily, this year, the abundant rains probably will mean an abundant supply of insects and reptiles, and all hatched will probably make it.
This strategy allows owls to maximize brood size without knowing in advance how good the food supply is going to be. The youngest ones are a reproductive bonus, if the food supply ends up being average to good. But in a bad year, while some may die, it ensures that at least some get enough food to survive and fledge. The alternative could be starvation for everyone in a famine. A seemingly harsh strategy, but in nature, whatever strategy produces the largest number over time will tend to flood out the rest of the strategies, just by sheer exponential math. This is the basic mechanism of evolution: It's not really survival of the fittest. It's flooding of the gene pool by the reproductive strategies that produce the most surviving offspring, generation after generation. They do have to be fit enough to survive to reproduce and pass on an above average batch of youngsters, hence the notion of fitness. But it's really a game of numbers, not strength.
It's not all quite so cold and calculating as the previous description suggests. We have observed owls ignoring taller offspring and pushing down to feed smaller ones. But we haven't really experienced a year of famine, and our friend
Chris Johnson has experienced young owls dying and becoming food for their siblings.