VERGARA 1679
VERGARA 1679 is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Magallanes, Manuel G. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 2,706,158 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 $14K, with roughly $2K 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 58 thousand cubic feet a month. Its strongest month on the record we hold was December 2017, at 859 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 VERGARA 1679
- Who operates VERGARA 1679?
- VERGARA 1679 is operated by Magallanes, Manuel G., Railroad Commission of Texas operator number 521284.
- Where is VERGARA 1679?
- VERGARA 1679 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 116493.
- Is VERGARA 1679 still producing?
- VERGARA 1679 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VERGARA 1679 is August 2026.
- How much has VERGARA 1679 produced?
- VERGARA 1679 has reported 2,706,158 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is VERGARA 1679 worth?
- The remaining production from VERGARA 1679 is estimated to be worth about $14K in total as of 27 August 2026, within a range of $7K to $20K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VERGARA 1679 is a fraction of it. The estimate fits an Arps decline curve to the production VERGARA 1679 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VERGARA 1679 is an estimate of value, not an offer and not an appraisal.
- How much income does VERGARA 1679 generate in a year?
- VERGARA 1679 is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in VERGARA 1679 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Magallanes, Manuel G. |
|---|---|
| Field | Rancho Viejo (Lobo 6) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 116493 |
| Wellbores | 1 |
| Reported production | 2,706,158 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $14K |
Where VERGARA 1679 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.