LEBLEU
LEBLEU is a Texas gas lease in Comanche County, Railroad Commission district 7B, operated by Spindletop Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 174,512 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 $66K, with roughly $10K 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 429 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 659 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 LEBLEU
- Who operates LEBLEU?
- LEBLEU is operated by Spindletop Oil & Gas Company, Railroad Commission of Texas operator number 809930.
- Where is LEBLEU?
- LEBLEU is a Texas gas lease in Comanche County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 105489.
- Is LEBLEU still producing?
- LEBLEU is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LEBLEU is August 2026.
- How much has LEBLEU produced?
- LEBLEU has reported 174,512 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is LEBLEU worth?
- The remaining production from LEBLEU is estimated to be worth about $66K in total as of 27 August 2026, within a range of $52K to $81K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEBLEU is a fraction of it. The estimate fits an Arps decline curve to the production LEBLEU has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEBLEU is an estimate of value, not an offer and not an appraisal.
- How much income does LEBLEU generate in a year?
- LEBLEU is forecast to net about $10K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LEBLEU receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Spindletop Oil & Gas Company |
|---|---|
| Field | Sipe Springs (Marble Falls) |
| County | Comanche County, Texas |
| RRC district | 7B |
| Lease number | 105489 |
| Wellbores | 1 |
| Reported production | 174,512 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $66K |
Where LEBLEU 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.