VERGARA, L.B. STATE 740
VERGARA, L.B. STATE 740 is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Conocophillips Company. It has 1 wellbore on file with the Commission. Reported production runs from November 2005 to August 2026, totalling 837,767 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 $151K, with roughly $23K 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 975 thousand cubic feet a month. Its strongest month on the record we hold was March 2018, at 2,016 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 VERGARA, L.B. STATE 740
- Who operates VERGARA, L.B. STATE 740?
- VERGARA, L.B. STATE 740 is operated by Conocophillips Company, Railroad Commission of Texas operator number 172232.
- Where is VERGARA, L.B. STATE 740?
- VERGARA, L.B. STATE 740 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 220245.
- Is VERGARA, L.B. STATE 740 still producing?
- VERGARA, L.B. STATE 740 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VERGARA, L.B. STATE 740 is August 2026.
- How much has VERGARA, L.B. STATE 740 produced?
- VERGARA, L.B. STATE 740 has reported 837,767 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2005 and August 2026, from 1 wellbore.
- How much is VERGARA, L.B. STATE 740 worth?
- The remaining production from VERGARA, L.B. STATE 740 is estimated to be worth about $151K in total as of 27 August 2026, within a range of $118K to $184K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VERGARA, L.B. STATE 740 is a fraction of it. The estimate fits an Arps decline curve to the production VERGARA, L.B. STATE 740 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VERGARA, L.B. STATE 740 is an estimate of value, not an offer and not an appraisal.
- How much income does VERGARA, L.B. STATE 740 generate in a year?
- VERGARA, L.B. STATE 740 is forecast to net about $23K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in VERGARA, L.B. STATE 740 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conocophillips Company |
|---|---|
| Field | B.M.T. (Lobo Cons.) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 220245 |
| Wellbores | 1 |
| Reported production | 837,767 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $151K |
Where VERGARA, L.B. STATE 740 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.