VOLGA
VOLGA is a Texas gas lease in Shelby County, Railroad Commission district 06, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 2016 to August 2026, totalling 14,152,238 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 $1.9M, with roughly $369K 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 17,669 thousand cubic feet a month. Its strongest month on the record we hold was March 2018, at 292,557 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 VOLGA
- Who operates VOLGA?
- VOLGA is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is VOLGA?
- VOLGA is a Texas gas lease in Shelby County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 279960.
- Is VOLGA still producing?
- VOLGA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VOLGA is August 2026.
- How much has VOLGA produced?
- VOLGA has reported 14,152,238 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2016 and August 2026, from 1 wellbore.
- How much is VOLGA worth?
- The remaining production from VOLGA is estimated to be worth about $1.9M in total as of 27 August 2026, within a range of $1.6M to $2.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VOLGA is a fraction of it. The estimate fits an Arps decline curve to the production VOLGA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VOLGA is an estimate of value, not an offer and not an appraisal.
- How much income does VOLGA generate in a year?
- VOLGA is forecast to net about $369K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in VOLGA 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 | Shelby County, Texas |
| RRC district | 06 |
| Lease number | 279960 |
| Wellbores | 1 |
| Reported production | 14,152,238 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where VOLGA 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.