BUSTAMANTE GAS UNIT 1
BUSTAMANTE GAS UNIT 1 is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Forest Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from May 2007 to August 2026, totalling 1,274,033 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 $130K, with roughly $24K 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 1,168 thousand cubic feet a month. Its strongest month on the record we hold was September 2021, at 8,004 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 1
- Who operates BUSTAMANTE GAS UNIT 1?
- BUSTAMANTE GAS UNIT 1 is operated by Forest Oil Corporation, Railroad Commission of Texas operator number 275740.
- Where is BUSTAMANTE GAS UNIT 1?
- BUSTAMANTE GAS UNIT 1 is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 227918.
- Is BUSTAMANTE GAS UNIT 1 still producing?
- BUSTAMANTE GAS UNIT 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUSTAMANTE GAS UNIT 1 is August 2026.
- How much has BUSTAMANTE GAS UNIT 1 produced?
- BUSTAMANTE GAS UNIT 1 has reported 1,274,033 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2007 and August 2026, from 1 wellbore.
- How much is BUSTAMANTE GAS UNIT 1 worth?
- The remaining production from BUSTAMANTE GAS UNIT 1 is estimated to be worth about $130K in total as of 27 August 2026, within a range of $108K to $152K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUSTAMANTE GAS UNIT 1 is a fraction of it. The estimate fits an Arps decline curve to the production BUSTAMANTE GAS UNIT 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 1 is an estimate of value, not an offer and not an appraisal.
- How much income does BUSTAMANTE GAS UNIT 1 generate in a year?
- BUSTAMANTE GAS UNIT 1 is forecast to net about $24K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BUSTAMANTE GAS UNIT 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Forest Oil Corporation |
|---|---|
| Field | Haynes (Middle Wilcox Cons.) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 227918 |
| Wellbores | 1 |
| Reported production | 1,274,033 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $130K |
Where BUSTAMANTE GAS UNIT 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.