DIX RANCH A524
DIX RANCH A524 is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Conoco Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2000 to August 2026, totalling 265,733 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 $38K, with roughly $6K 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 285 thousand cubic feet a month. Its strongest month on the record we hold was October 2021, at 1,305 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 DIX RANCH A524
- Who operates DIX RANCH A524?
- DIX RANCH A524 is operated by Conoco Inc., Railroad Commission of Texas operator number 172230.
- Where is DIX RANCH A524?
- DIX RANCH A524 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 176922.
- Is DIX RANCH A524 still producing?
- DIX RANCH A524 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DIX RANCH A524 is August 2026.
- How much has DIX RANCH A524 produced?
- DIX RANCH A524 has reported 265,733 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2000 and August 2026, from 1 wellbore.
- How much is DIX RANCH A524 worth?
- The remaining production from DIX RANCH A524 is estimated to be worth about $38K in total as of 26 August 2026, within a range of $30K to $47K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DIX RANCH A524 is a fraction of it. The estimate fits an Arps decline curve to the production DIX RANCH A524 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DIX RANCH A524 is an estimate of value, not an offer and not an appraisal.
- How much income does DIX RANCH A524 generate in a year?
- DIX RANCH A524 is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DIX RANCH A524 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conoco Inc. |
|---|---|
| Field | Dix Ranch (Lower Wilcox Lobo) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 176922 |
| Wellbores | 1 |
| Reported production | 265,733 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $38K |
Where DIX RANCH A524 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.