LIBRE EAST
LIBRE EAST is a Texas gas lease in Jim Hogg County, Railroad Commission district 04, operated by Mestena Operating, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from November 2005 to August 2026, totalling 1,236,386 thousand cubic feet. The lease is intermittent. 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 $24K, with roughly $10K 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 384 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 2,119 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 LIBRE EAST
- Who operates LIBRE EAST?
- LIBRE EAST is operated by Mestena Operating, Ltd., Railroad Commission of Texas operator number 562072.
- Where is LIBRE EAST?
- LIBRE EAST is a Texas gas lease in Jim Hogg County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 215120.
- Is LIBRE EAST still producing?
- LIBRE EAST is intermittent. The most recent month of production reported to the Railroad Commission of Texas for LIBRE EAST is August 2026.
- How much has LIBRE EAST produced?
- LIBRE EAST has reported 1,236,386 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2005 and August 2026, from 1 wellbore.
- How much is LIBRE EAST worth?
- The remaining production from LIBRE EAST is estimated to be worth about $24K in total as of 27 August 2026, within a range of $19K to $29K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LIBRE EAST is a fraction of it. The estimate fits an Arps decline curve to the production LIBRE EAST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LIBRE EAST is an estimate of value, not an offer and not an appraisal.
- How much income does LIBRE EAST generate in a year?
- LIBRE EAST is forecast to net about $10K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LIBRE EAST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mestena Operating, Ltd. |
|---|---|
| Field | Libre (Queen City) |
| County | Jim Hogg County, Texas |
| RRC district | 04 |
| Lease number | 215120 |
| Wellbores | 1 |
| Reported production | 1,236,386 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $24K |
Where LIBRE EAST 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.