LEONARD
LEONARD is a Texas gas lease in Runnels County, Railroad Commission district 7C, operated by Revard Petroleum, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from December 2009 to August 2026, totalling 154,614 thousand cubic feet. The lease is intermittent. 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 $18K, with roughly $3K 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 49 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 450 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 LEONARD
- Who operates LEONARD?
- LEONARD is operated by Revard Petroleum, L.L.C., Railroad Commission of Texas operator number 703609.
- Where is LEONARD?
- LEONARD is a Texas gas lease in Runnels County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 256164.
- Is LEONARD still producing?
- LEONARD is intermittent. The most recent month of production reported to the Railroad Commission of Texas for LEONARD is August 2026.
- How much has LEONARD produced?
- LEONARD has reported 154,614 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2009 and August 2026, from 1 wellbore.
- How much is LEONARD worth?
- The remaining production from LEONARD is estimated to be worth about $18K in total as of 26 August 2026, within a range of $10K to $26K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEONARD is a fraction of it. The estimate fits an Arps decline curve to the production LEONARD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEONARD is an estimate of value, not an offer and not an appraisal.
- How much income does LEONARD generate in a year?
- LEONARD is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LEONARD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Revard Petroleum, L.L.C. |
|---|---|
| Field | Ballinger, Se. (Fry) |
| County | Runnels County, Texas |
| RRC district | 7C |
| Lease number | 256164 |
| Wellbores | 1 |
| Reported production | 154,614 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $18K |
Where LEONARD 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.