CERDA
CERDA is a Texas gas lease in Hidalgo County, Railroad Commission district 04, operated by Capital Star Oil & Gas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2006 to August 2026, totalling 1,712,540 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 $7K, with roughly $5K 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 647 thousand cubic feet a month. Its strongest month on the record we hold was March 2021, at 21,896 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 CERDA
- Who operates CERDA?
- CERDA is operated by Capital Star Oil & Gas, Inc., Railroad Commission of Texas operator number 130426.
- Where is CERDA?
- CERDA is a Texas gas lease in Hidalgo County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 223780.
- Is CERDA still producing?
- CERDA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CERDA is August 2026.
- How much has CERDA produced?
- CERDA has reported 1,712,540 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2006 and August 2026, from 1 wellbore.
- How much is CERDA worth?
- The remaining production from CERDA is estimated to be worth about $7K in total as of 26 August 2026, within a range of $5K to $8K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CERDA is a fraction of it. The estimate fits an Arps decline curve to the production CERDA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CERDA is an estimate of value, not an offer and not an appraisal.
- How much income does CERDA generate in a year?
- CERDA is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CERDA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Capital Star Oil & Gas, Inc. |
|---|---|
| Field | Cabo (Frio F) |
| County | Hidalgo County, Texas |
| RRC district | 04 |
| Lease number | 223780 |
| Wellbores | 1 |
| Reported production | 1,712,540 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $7K |
Where CERDA 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.