CODIGO
CODIGO is a Texas gas lease in Webb County, Railroad Commission district 01, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2023 to August 2026, totalling 1,485,614 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 $610K, with roughly $342K 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 7,244 thousand cubic feet a month. Its strongest month on the record we hold was September 2023, at 192,783 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 CODIGO
- Who operates CODIGO?
- CODIGO is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is CODIGO?
- CODIGO is a Texas gas lease in Webb County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 295728.
- Is CODIGO still producing?
- CODIGO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CODIGO is August 2026.
- How much has CODIGO produced?
- CODIGO has reported 1,485,614 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2023 and August 2026, from 1 wellbore.
- How much is CODIGO worth?
- The remaining production from CODIGO is estimated to be worth about $610K in total as of 26 August 2026, within a range of $506K to $714K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CODIGO is a fraction of it. The estimate fits an Arps decline curve to the production CODIGO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CODIGO is an estimate of value, not an offer and not an appraisal.
- How much income does CODIGO generate in a year?
- CODIGO is forecast to net about $342K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CODIGO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Lorenzo (Austin Chalk) |
| County | Webb County, Texas |
| RRC district | 01 |
| Lease number | 295728 |
| Wellbores | 1 |
| Reported production | 1,485,614 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $610K |
Where CODIGO 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.