GARCIA HC3
GARCIA HC3 is a Texas gas lease in La Salle County, Railroad Commission district 01, operated by Ineos USA Oil & Gas LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2018 to August 2026, totalling 1,568,881 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 $8.0M, with roughly $1.7M 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 10,143 thousand cubic feet a month. Its strongest month on the record we hold was May 2019, at 57,182 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 GARCIA HC3
- Who operates GARCIA HC3?
- GARCIA HC3 is operated by Ineos USA Oil & Gas LLC, Railroad Commission of Texas operator number 424176.
- Where is GARCIA HC3?
- GARCIA HC3 is a Texas gas lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 300381.
- Is GARCIA HC3 still producing?
- GARCIA HC3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GARCIA HC3 is August 2026.
- How much has GARCIA HC3 produced?
- GARCIA HC3 has reported 1,568,881 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2018 and August 2026, from 1 wellbore.
- How much is GARCIA HC3 worth?
- The remaining production from GARCIA HC3 is estimated to be worth about $8.0M in total as of 26 August 2026, within a range of $6.5M to $9.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GARCIA HC3 is a fraction of it. The estimate fits an Arps decline curve to the production GARCIA HC3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GARCIA HC3 is an estimate of value, not an offer and not an appraisal.
- How much income does GARCIA HC3 generate in a year?
- GARCIA HC3 is forecast to net about $1.7M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GARCIA HC3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ineos USA Oil & Gas LLC |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | La Salle County, Texas |
| RRC district | 01 |
| Lease number | 300381 |
| Wellbores | 1 |
| Reported production | 1,568,881 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.0M |
Where GARCIA HC3 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.