VARAL RANCHES
VARAL RANCHES is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Newfield Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2009 to August 2026, totalling 1,527,124 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 $240K, with roughly $36K 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 1,815 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 4,300 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 VARAL RANCHES
- Who operates VARAL RANCHES?
- VARAL RANCHES is operated by Newfield Exploration Company, Railroad Commission of Texas operator number 606617.
- Where is VARAL RANCHES?
- VARAL RANCHES is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 247400.
- Is VARAL RANCHES still producing?
- VARAL RANCHES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VARAL RANCHES is August 2026.
- How much has VARAL RANCHES produced?
- VARAL RANCHES has reported 1,527,124 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2009 and August 2026, from 1 wellbore.
- How much is VARAL RANCHES worth?
- The remaining production from VARAL RANCHES is estimated to be worth about $240K in total as of 27 August 2026, within a range of $200K to $281K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VARAL RANCHES is a fraction of it. The estimate fits an Arps decline curve to the production VARAL RANCHES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VARAL RANCHES is an estimate of value, not an offer and not an appraisal.
- How much income does VARAL RANCHES generate in a year?
- VARAL RANCHES is forecast to net about $36K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in VARAL RANCHES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Newfield Exploration Company |
|---|---|
| Field | Exsun (Lobo Cons.) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 247400 |
| Wellbores | 1 |
| Reported production | 1,527,124 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $240K |
Where VARAL RANCHES 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.