LESSARD
LESSARD is a Texas gas lease in Washington County, Railroad Commission district 03, operated by Geosouthern Operating II, LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2019 to August 2026, totalling 5,414,474 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 $3.0M, with roughly $702K 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 16,908 thousand cubic feet a month. Its strongest month on the record we hold was June 2019, at 247,025 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 LESSARD
- Who operates LESSARD?
- LESSARD is operated by Geosouthern Operating II, LLC, Railroad Commission of Texas operator number 301273.
- Where is LESSARD?
- LESSARD is a Texas gas lease in Washington County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 287220.
- Is LESSARD still producing?
- LESSARD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LESSARD is August 2026.
- How much has LESSARD produced?
- LESSARD has reported 5,414,474 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2019 and August 2026, from 1 wellbore.
- How much is LESSARD worth?
- The remaining production from LESSARD is estimated to be worth about $3.0M in total as of 26 August 2026, within a range of $2.5M to $3.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LESSARD is a fraction of it. The estimate fits an Arps decline curve to the production LESSARD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LESSARD is an estimate of value, not an offer and not an appraisal.
- How much income does LESSARD generate in a year?
- LESSARD is forecast to net about $702K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LESSARD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Geosouthern Operating II, LLC |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Washington County, Texas |
| RRC district | 03 |
| Lease number | 287220 |
| Wellbores | 1 |
| Reported production | 5,414,474 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.0M |
Where LESSARD 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.