STARR PRODUCE COMPANY
STARR PRODUCE COMPANY is a Texas gas lease in Starr County, Railroad Commission district 04, operated by Legend Natural Gas III, LP. It has 1 wellbore on file with the Commission. Reported production runs from July 2008 to August 2026, totalling 3,938,416 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 $1.3M, with roughly $220K 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 5,140 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 18,537 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 STARR PRODUCE COMPANY
- Who operates STARR PRODUCE COMPANY?
- STARR PRODUCE COMPANY is operated by Legend Natural Gas III, LP, Railroad Commission of Texas operator number 495553.
- Where is STARR PRODUCE COMPANY?
- STARR PRODUCE COMPANY is a Texas gas lease in Starr County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 242849.
- Is STARR PRODUCE COMPANY still producing?
- STARR PRODUCE COMPANY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STARR PRODUCE COMPANY is August 2026.
- How much has STARR PRODUCE COMPANY produced?
- STARR PRODUCE COMPANY has reported 3,938,416 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2008 and August 2026, from 1 wellbore.
- How much is STARR PRODUCE COMPANY worth?
- The remaining production from STARR PRODUCE COMPANY is estimated to be worth about $1.3M in total as of 27 August 2026, within a range of $1.0M to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STARR PRODUCE COMPANY is a fraction of it. The estimate fits an Arps decline curve to the production STARR PRODUCE COMPANY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STARR PRODUCE COMPANY is an estimate of value, not an offer and not an appraisal.
- How much income does STARR PRODUCE COMPANY generate in a year?
- STARR PRODUCE COMPANY is forecast to net about $220K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in STARR PRODUCE COMPANY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Legend Natural Gas III, LP |
|---|---|
| Field | Garcias Ridge (Queen City) |
| County | Starr County, Texas |
| RRC district | 04 |
| Lease number | 242849 |
| Wellbores | 1 |
| Reported production | 3,938,416 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where STARR PRODUCE COMPANY 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.