GARCIA
GARCIA is a Texas gas lease in Hansford County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2000 to August 2026, totalling 1,032,915 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 $7K 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 303 thousand cubic feet a month. Its strongest month on the record we hold was June 2016, at 868 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 GARCIA
- Who operates GARCIA?
- GARCIA is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is GARCIA?
- GARCIA is a Texas gas lease in Hansford County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 178748.
- Is GARCIA still producing?
- GARCIA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GARCIA is August 2026.
- How much has GARCIA produced?
- GARCIA has reported 1,032,915 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2000 and August 2026, from 1 wellbore.
- How much is GARCIA worth?
- The remaining production from GARCIA is estimated to be worth about $46K in total as of 27 August 2026, within a range of $36K to $57K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GARCIA is a fraction of it. The estimate fits an Arps decline curve to the production GARCIA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GARCIA is an estimate of value, not an offer and not an appraisal.
- How much income does GARCIA generate in a year?
- GARCIA is forecast to net about $7K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GARCIA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Hansford (Morrow, Upper) |
| County | Hansford County, Texas |
| RRC district | 10 |
| Lease number | 178748 |
| Wellbores | 1 |
| Reported production | 1,032,915 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $46K |
Where GARCIA 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.