BUSTAMANTE GAS UNIT NO. 1
BUSTAMANTE GAS UNIT NO. 1 is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Transtexas Gas Corporation. It has 1 wellbore on file with the Commission. Reported production runs from November 1994 to August 2026, totalling 339,674 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 $36K, with roughly $4K 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 183 thousand cubic feet a month. Its strongest month on the record we hold was June 2020, at 550 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 BUSTAMANTE GAS UNIT NO. 1
- Who operates BUSTAMANTE GAS UNIT NO. 1?
- BUSTAMANTE GAS UNIT NO. 1 is operated by Transtexas Gas Corporation, Railroad Commission of Texas operator number 864889.
- Where is BUSTAMANTE GAS UNIT NO. 1?
- BUSTAMANTE GAS UNIT NO. 1 is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 152599.
- Is BUSTAMANTE GAS UNIT NO. 1 still producing?
- BUSTAMANTE GAS UNIT NO. 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUSTAMANTE GAS UNIT NO. 1 is August 2026.
- How much has BUSTAMANTE GAS UNIT NO. 1 produced?
- BUSTAMANTE GAS UNIT NO. 1 has reported 339,674 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 1994 and August 2026, from 1 wellbore.
- How much is BUSTAMANTE GAS UNIT NO. 1 worth?
- The remaining production from BUSTAMANTE GAS UNIT NO. 1 is estimated to be worth about $36K in total as of 27 August 2026, within a range of $28K to $43K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUSTAMANTE GAS UNIT NO. 1 is a fraction of it. The estimate fits an Arps decline curve to the production BUSTAMANTE GAS UNIT NO. 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUSTAMANTE GAS UNIT NO. 1 is an estimate of value, not an offer and not an appraisal.
- How much income does BUSTAMANTE GAS UNIT NO. 1 generate in a year?
- BUSTAMANTE GAS UNIT NO. 1 is forecast to net about $4K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BUSTAMANTE GAS UNIT NO. 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Transtexas Gas Corporation |
|---|---|
| Field | Bustamante (Wilcox) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 152599 |
| Wellbores | 1 |
| Reported production | 339,674 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $36K |
Where BUSTAMANTE GAS UNIT NO. 1 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.