BENAVIDES FAMILY MINERALS GU 2
BENAVIDES FAMILY MINERALS GU 2 is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Laredo Energy. It has 1 wellbore on file with the Commission. Reported production runs from November 2011 to August 2026, totalling 2,001,866 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 $19K, 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 788 thousand cubic feet a month. Its strongest month on the record we hold was November 2016, at 20,796 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 BENAVIDES FAMILY MINERALS GU 2
- Who operates BENAVIDES FAMILY MINERALS GU 2?
- BENAVIDES FAMILY MINERALS GU 2 is operated by Laredo Energy, Railroad Commission of Texas operator number 486543.
- Where is BENAVIDES FAMILY MINERALS GU 2?
- BENAVIDES FAMILY MINERALS GU 2 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 266989.
- Is BENAVIDES FAMILY MINERALS GU 2 still producing?
- BENAVIDES FAMILY MINERALS GU 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BENAVIDES FAMILY MINERALS GU 2 is August 2026.
- How much has BENAVIDES FAMILY MINERALS GU 2 produced?
- BENAVIDES FAMILY MINERALS GU 2 has reported 2,001,866 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2011 and August 2026, from 1 wellbore.
- How much is BENAVIDES FAMILY MINERALS GU 2 worth?
- The remaining production from BENAVIDES FAMILY MINERALS GU 2 is estimated to be worth about $19K in total as of 27 August 2026, within a range of $15K to $23K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BENAVIDES FAMILY MINERALS GU 2 is a fraction of it. The estimate fits an Arps decline curve to the production BENAVIDES FAMILY MINERALS GU 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BENAVIDES FAMILY MINERALS GU 2 is an estimate of value, not an offer and not an appraisal.
- How much income does BENAVIDES FAMILY MINERALS GU 2 generate in a year?
- BENAVIDES FAMILY MINERALS GU 2 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 BENAVIDES FAMILY MINERALS GU 2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Laredo Energy |
|---|---|
| Field | Owen (Olmos) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 266989 |
| Wellbores | 1 |
| Reported production | 2,001,866 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $19K |
Where BENAVIDES FAMILY MINERALS GU 2 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.