VT KILLAM & GONZALEZ 299
VT KILLAM & GONZALEZ 299 is a Texas gas lease in La Salle County, Railroad Commission district 01, operated by Virtex Petroleum Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2003 to August 2026, totalling 348,579 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 $70K, with roughly $11K 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 516 thousand cubic feet a month. Its strongest month on the record we hold was April 2017, at 1,022 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 VT KILLAM & GONZALEZ 299
- Who operates VT KILLAM & GONZALEZ 299?
- VT KILLAM & GONZALEZ 299 is operated by Virtex Petroleum Company, Inc., Railroad Commission of Texas operator number 886228.
- Where is VT KILLAM & GONZALEZ 299?
- VT KILLAM & GONZALEZ 299 is a Texas gas lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 196260.
- Is VT KILLAM & GONZALEZ 299 still producing?
- VT KILLAM & GONZALEZ 299 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VT KILLAM & GONZALEZ 299 is August 2026.
- How much has VT KILLAM & GONZALEZ 299 produced?
- VT KILLAM & GONZALEZ 299 has reported 348,579 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2003 and August 2026, from 1 wellbore.
- How much is VT KILLAM & GONZALEZ 299 worth?
- The remaining production from VT KILLAM & GONZALEZ 299 is estimated to be worth about $70K in total as of 26 August 2026, within a range of $55K to $86K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VT KILLAM & GONZALEZ 299 is a fraction of it. The estimate fits an Arps decline curve to the production VT KILLAM & GONZALEZ 299 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VT KILLAM & GONZALEZ 299 is an estimate of value, not an offer and not an appraisal.
- How much income does VT KILLAM & GONZALEZ 299 generate in a year?
- VT KILLAM & GONZALEZ 299 is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in VT KILLAM & GONZALEZ 299 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Virtex Petroleum Company, Inc. |
|---|---|
| Field | Atlee (Olmos) |
| County | La Salle County, Texas |
| RRC district | 01 |
| Lease number | 196260 |
| Wellbores | 1 |
| Reported production | 348,579 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $70K |
Where VT KILLAM & GONZALEZ 299 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.