ALVAREZ
ALVAREZ is a Texas gas lease in Starr County, Railroad Commission district 04, operated by Kerr-Mcgee Oil & Gas Onshore LP. It has 1 wellbore on file with the Commission. Reported production runs from April 2008 to August 2026, totalling 1,023,965 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 $27K, with roughly $4K 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 390 thousand cubic feet a month. Its strongest month on the record we hold was June 2019, at 8,225 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 ALVAREZ
- Who operates ALVAREZ?
- ALVAREZ is operated by Kerr-Mcgee Oil & Gas Onshore LP, Railroad Commission of Texas operator number 457807.
- Where is ALVAREZ?
- ALVAREZ is a Texas gas lease in Starr County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 239744.
- Is ALVAREZ still producing?
- ALVAREZ is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ALVAREZ is August 2026.
- How much has ALVAREZ produced?
- ALVAREZ has reported 1,023,965 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2008 and August 2026, from 1 wellbore.
- How much is ALVAREZ worth?
- The remaining production from ALVAREZ is estimated to be worth about $27K in total as of 26 August 2026, within a range of $21K to $33K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ALVAREZ is a fraction of it. The estimate fits an Arps decline curve to the production ALVAREZ has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ALVAREZ is an estimate of value, not an offer and not an appraisal.
- How much income does ALVAREZ generate in a year?
- ALVAREZ is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ALVAREZ receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kerr-Mcgee Oil & Gas Onshore LP |
|---|---|
| Field | Braulia, East (Vicksburg Cons.) |
| County | Starr County, Texas |
| RRC district | 04 |
| Lease number | 239744 |
| Wellbores | 1 |
| Reported production | 1,023,965 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $27K |
Where ALVAREZ 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.