POLO
POLO is a Texas gas lease in San Augustine County, Railroad Commission district 06, operated by Aethon Energy Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from December 2021 to August 2026, totalling 8,389,913 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 $2.1M, with roughly $262K 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 26,041 thousand cubic feet a month. Its strongest month on the record we hold was May 2022, at 535,867 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 POLO
- Who operates POLO?
- POLO is operated by Aethon Energy Operating LLC, Railroad Commission of Texas operator number 008555.
- Where is POLO?
- POLO is a Texas gas lease in San Augustine County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 292110.
- Is POLO still producing?
- POLO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for POLO is August 2026.
- How much has POLO produced?
- POLO has reported 8,389,913 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2021 and August 2026, from 1 wellbore.
- How much is POLO worth?
- The remaining production from POLO is estimated to be worth about $2.1M in total as of 27 August 2026, within a range of $1.7M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in POLO is a fraction of it. The estimate fits an Arps decline curve to the production POLO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for POLO is an estimate of value, not an offer and not an appraisal.
- How much income does POLO generate in a year?
- POLO is forecast to net about $262K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in POLO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Aethon Energy Operating LLC |
|---|---|
| Field | Carthage (Haynesville Shale) |
| County | San Augustine County, Texas |
| RRC district | 06 |
| Lease number | 292110 |
| Wellbores | 1 |
| Reported production | 8,389,913 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.1M |
Where POLO 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.