PEAL RANCH
PEAL RANCH is a Texas gas lease in Duval County, Railroad Commission district 04, operated by Carrizo Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2006 to August 2026, totalling 1,587,793 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 $186K, with roughly $29K 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 1,626 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 5,221 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 PEAL RANCH
- Who operates PEAL RANCH?
- PEAL RANCH is operated by Carrizo Oil & Gas, Inc., Railroad Commission of Texas operator number 135401.
- Where is PEAL RANCH?
- PEAL RANCH is a Texas gas lease in Duval County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 229034.
- Is PEAL RANCH still producing?
- PEAL RANCH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PEAL RANCH is August 2026.
- How much has PEAL RANCH produced?
- PEAL RANCH has reported 1,587,793 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2006 and August 2026, from 1 wellbore.
- How much is PEAL RANCH worth?
- The remaining production from PEAL RANCH is estimated to be worth about $186K in total as of 27 August 2026, within a range of $155K to $218K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PEAL RANCH is a fraction of it. The estimate fits an Arps decline curve to the production PEAL RANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PEAL RANCH is an estimate of value, not an offer and not an appraisal.
- How much income does PEAL RANCH generate in a year?
- PEAL RANCH is forecast to net about $29K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PEAL RANCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Carrizo Oil & Gas, Inc. |
|---|---|
| Field | Lopez, Se. (Consolidated) |
| County | Duval County, Texas |
| RRC district | 04 |
| Lease number | 229034 |
| Wellbores | 1 |
| Reported production | 1,587,793 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $186K |
Where PEAL RANCH 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.