LM 1870
LM 1870 is a Texas gas lease in Webb County, Railroad Commission district 01, operated by Laredo Energy. It has 1 wellbore on file with the Commission. Reported production runs from February 2011 to August 2026, totalling 980,268 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 a standard royalty share at about $2K, with roughly $490 expected over the next twelve months.
| Operator | Laredo Energy |
|---|---|
| Field | Hawkville (Eagleford Shale) |
| County | Webb County, Texas |
| RRC district | 01 |
| Lease number | 264729 |
| Wellbores | 1 |
| Reported production | 980,268 mcf |
| First reported | February 2011 |
| Last reported | August 2026 |
| Estimated royalty value | $2K |
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.