VMO
VMO is a Texas gas lease in San Augustine County, Railroad Commission district 06, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2023 to August 2026, totalling 1,739,817 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 $51.0M, with roughly $7.7M 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 106,097 thousand cubic feet a month. Its strongest month on the record we hold was March 2026, at 600,602 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 VMO
- Who operates VMO?
- VMO is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is VMO?
- VMO is a Texas gas lease in San Augustine County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 296395.
- Is VMO still producing?
- VMO is intermittent. The most recent month of production reported to the Railroad Commission of Texas for VMO is August 2026.
- How much has VMO produced?
- VMO has reported 1,739,817 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2023 and August 2026, from 1 wellbore.
- How much is VMO worth?
- The remaining production from VMO is estimated to be worth about $51.0M in total as of 26 August 2026, within a range of $41.8M to $60.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VMO is a fraction of it. The estimate fits an Arps decline curve to the production VMO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VMO is an estimate of value, not an offer and not an appraisal.
- How much income does VMO generate in a year?
- VMO is forecast to net about $7.7M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in VMO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Carthage (Haynesville Shale) |
| County | San Augustine County, Texas |
| RRC district | 06 |
| Lease number | 296395 |
| Wellbores | 1 |
| Reported production | 1,739,817 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $51.0M |
Where VMO 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.