LIGHT RANCH
LIGHT RANCH is a Texas gas lease in Dimmit County, Railroad Commission district 01, operated by Verdun Oil & Gas LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2022 to August 2026, totalling 237,004 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 $1.4M, with roughly $361K 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 4,958 thousand cubic feet a month. Its strongest month on the record we hold was March 2024, at 9,224 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 LIGHT RANCH
- Who operates LIGHT RANCH?
- LIGHT RANCH is operated by Verdun Oil & Gas LLC, Railroad Commission of Texas operator number 884566.
- Where is LIGHT RANCH?
- LIGHT RANCH is a Texas gas lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 291994.
- Is LIGHT RANCH still producing?
- LIGHT RANCH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LIGHT RANCH is August 2026.
- How much has LIGHT RANCH produced?
- LIGHT RANCH has reported 237,004 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2022 and August 2026, from 1 wellbore.
- How much is LIGHT RANCH worth?
- The remaining production from LIGHT RANCH is estimated to be worth about $1.4M in total as of 26 August 2026, within a range of $1.1M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LIGHT RANCH is a fraction of it. The estimate fits an Arps decline curve to the production LIGHT RANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LIGHT RANCH is an estimate of value, not an offer and not an appraisal.
- How much income does LIGHT RANCH generate in a year?
- LIGHT RANCH is forecast to net about $361K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LIGHT RANCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Verdun Oil & Gas LLC |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 291994 |
| Wellbores | 1 |
| Reported production | 237,004 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where LIGHT RANCH 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.