CERRITO I
CERRITO I is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Escondido Resources II, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2011 to August 2026, totalling 1,103,327 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 $290K, with roughly $45K 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 1,865 thousand cubic feet a month. Its strongest month on the record we hold was February 2018, at 15,398 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 CERRITO I
- Who operates CERRITO I?
- CERRITO I is operated by Escondido Resources II, LLC, Railroad Commission of Texas operator number 254236.
- Where is CERRITO I?
- CERRITO I is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 264573.
- Is CERRITO I still producing?
- CERRITO I is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CERRITO I is August 2026.
- How much has CERRITO I produced?
- CERRITO I has reported 1,103,327 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2011 and August 2026, from 1 wellbore.
- How much is CERRITO I worth?
- The remaining production from CERRITO I is estimated to be worth about $290K in total as of 26 August 2026, within a range of $241K to $339K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CERRITO I is a fraction of it. The estimate fits an Arps decline curve to the production CERRITO I has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CERRITO I is an estimate of value, not an offer and not an appraisal.
- How much income does CERRITO I generate in a year?
- CERRITO I is forecast to net about $45K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CERRITO I receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Escondido Resources II, LLC |
|---|---|
| Field | Owen (Olmos) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 264573 |
| Wellbores | 1 |
| Reported production | 1,103,327 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $290K |
Where CERRITO I 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.