LAGO
LAGO is a Texas oil lease in Starr County, Railroad Commission district 04, operated by Rlu Operating, LLC. It has 2 wellbores on file with the Commission. Reported production runs from April 2011 to August 2026, totalling 199,126 barrels. 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 $1.1M, with roughly $325K 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 497 barrels a month, about 248 per wellbore. Its strongest month on the record we hold was March 2018, at 1,591 barrels. 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 LAGO
- Who operates LAGO?
- LAGO is operated by Rlu Operating, LLC, Railroad Commission of Texas operator number 714217.
- Where is LAGO?
- LAGO is a Texas oil lease in Starr County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 13722.
- Is LAGO still producing?
- LAGO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LAGO is August 2026.
- How much has LAGO produced?
- LAGO has reported 199,126 barrels of oil (bbl) to the Railroad Commission of Texas between April 2011 and August 2026, from 2 wellbores.
- How much is LAGO worth?
- The remaining production from LAGO is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $873K to $1.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LAGO is a fraction of it. The estimate fits an Arps decline curve to the production LAGO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LAGO is an estimate of value, not an offer and not an appraisal.
- How much income does LAGO generate in a year?
- LAGO is forecast to net about $325K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LAGO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rlu Operating, LLC |
|---|---|
| Field | Pedernal (Queen City) |
| County | Starr County, Texas |
| RRC district | 04 |
| Lease number | 13722 |
| Wellbores | 2 |
| Reported production | 199,126 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where LAGO 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.