LEO GAS UNIT
LEO GAS UNIT is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Killam Oil Co., Ltd. It has 1 wellbore on file with the Commission. Reported production runs from August 2010 to August 2026, totalling 689,804 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 $46K, with roughly $6K 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 204 thousand cubic feet a month. Its strongest month on the record we hold was July 2018, at 2,916 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 LEO GAS UNIT
- Who operates LEO GAS UNIT?
- LEO GAS UNIT is operated by Killam Oil Co., Ltd., Railroad Commission of Texas operator number 460054.
- Where is LEO GAS UNIT?
- LEO GAS UNIT is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 261376.
- Is LEO GAS UNIT still producing?
- LEO GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEO GAS UNIT is August 2026.
- How much has LEO GAS UNIT produced?
- LEO GAS UNIT has reported 689,804 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2010 and August 2026, from 1 wellbore.
- How much is LEO GAS UNIT worth?
- The remaining production from LEO GAS UNIT is estimated to be worth about $46K in total as of 27 August 2026, within a range of $36K to $56K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEO GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production LEO GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEO GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does LEO GAS UNIT generate in a year?
- LEO GAS UNIT is forecast to net about $6K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LEO GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Killam Oil Co., Ltd. |
|---|---|
| Field | Jennings (Wilcox Consolidated) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 261376 |
| Wellbores | 1 |
| Reported production | 689,804 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $46K |
Where LEO GAS UNIT 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.