TORTUGA
TORTUGA is a Texas gas lease in Frio County, Railroad Commission district 01, operated by Javelin Energy Partners MGMT LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2022 to August 2026, totalling 560,794 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 $357K, with roughly $276K 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 6,199 thousand cubic feet a month. Its strongest month on the record we hold was June 2024, at 38,342 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 TORTUGA
- Who operates TORTUGA?
- TORTUGA is operated by Javelin Energy Partners MGMT LLC, Railroad Commission of Texas operator number 100351.
- Where is TORTUGA?
- TORTUGA is a Texas gas lease in Frio County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 300302.
- Is TORTUGA still producing?
- TORTUGA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TORTUGA is August 2026.
- How much has TORTUGA produced?
- TORTUGA has reported 560,794 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2022 and August 2026, from 1 wellbore.
- How much is TORTUGA worth?
- The remaining production from TORTUGA is estimated to be worth about $357K in total as of 26 August 2026, within a range of $297K to $418K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TORTUGA is a fraction of it. The estimate fits an Arps decline curve to the production TORTUGA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TORTUGA is an estimate of value, not an offer and not an appraisal.
- How much income does TORTUGA generate in a year?
- TORTUGA is forecast to net about $276K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TORTUGA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Javelin Energy Partners MGMT LLC |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Frio County, Texas |
| RRC district | 01 |
| Lease number | 300302 |
| Wellbores | 1 |
| Reported production | 560,794 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $357K |
Where TORTUGA 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.