METZGAR
METZGAR is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Valence Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from September 2007 to August 2026, totalling 955,744 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 $113K, with roughly $25K 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 1,465 thousand cubic feet a month. Its strongest month on the record we hold was September 2019, at 5,473 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 METZGAR
- Who operates METZGAR?
- METZGAR is operated by Valence Operating Company, Railroad Commission of Texas operator number 881167.
- Where is METZGAR?
- METZGAR is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 233806.
- Is METZGAR still producing?
- METZGAR is currently producing. The most recent month of production reported to the Railroad Commission of Texas for METZGAR is August 2026.
- How much has METZGAR produced?
- METZGAR has reported 955,744 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2007 and August 2026, from 1 wellbore.
- How much is METZGAR worth?
- The remaining production from METZGAR is estimated to be worth about $113K in total as of 26 August 2026, within a range of $93K to $132K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in METZGAR is a fraction of it. The estimate fits an Arps decline curve to the production METZGAR has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for METZGAR is an estimate of value, not an offer and not an appraisal.
- How much income does METZGAR generate in a year?
- METZGAR is forecast to net about $25K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in METZGAR receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Valence Operating Company |
|---|---|
| Field | Nan-Su-Gail (CV Consolidated) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 233806 |
| Wellbores | 1 |
| Reported production | 955,744 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $113K |
Where METZGAR 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.