LAREDO A
LAREDO A is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Joint Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from February 2020 to August 2026, totalling 83,932 barrels. 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 $1.3M, with roughly $388K 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 549 barrels a month. Its strongest month on the record we hold was March 2020, at 6,513 barrels. 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 LAREDO A
- Who operates LAREDO A?
- LAREDO A is operated by Joint Resources Company, Railroad Commission of Texas operator number 440742.
- Where is LAREDO A?
- LAREDO A is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71013.
- Is LAREDO A still producing?
- LAREDO A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LAREDO A is August 2026.
- How much has LAREDO A produced?
- LAREDO A has reported 83,932 barrels of oil (bbl) to the Railroad Commission of Texas between February 2020 and August 2026, from 1 wellbore.
- How much is LAREDO A worth?
- The remaining production from LAREDO A is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $1.0M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LAREDO A is a fraction of it. The estimate fits an Arps decline curve to the production LAREDO A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LAREDO A is an estimate of value, not an offer and not an appraisal.
- How much income does LAREDO A generate in a year?
- LAREDO A is forecast to net about $388K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LAREDO A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Joint Resources Company |
|---|---|
| Field | Carter-New Mexico (San Andres) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 71013 |
| Wellbores | 1 |
| Reported production | 83,932 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where LAREDO A 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.