GALVAN RANCH J12
GALVAN RANCH J12 is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Legend Natural Gas III, LP. It has 1 wellbore on file with the Commission. Reported production runs from July 2009 to August 2026, totalling 174,490 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 $45K, with roughly $7K 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 287 thousand cubic feet a month. Its strongest month on the record we hold was November 2016, at 828 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 GALVAN RANCH J12
- Who operates GALVAN RANCH J12?
- GALVAN RANCH J12 is operated by Legend Natural Gas III, LP, Railroad Commission of Texas operator number 495553.
- Where is GALVAN RANCH J12?
- GALVAN RANCH J12 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 252066.
- Is GALVAN RANCH J12 still producing?
- GALVAN RANCH J12 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GALVAN RANCH J12 is August 2026.
- How much has GALVAN RANCH J12 produced?
- GALVAN RANCH J12 has reported 174,490 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2009 and August 2026, from 1 wellbore.
- How much is GALVAN RANCH J12 worth?
- The remaining production from GALVAN RANCH J12 is estimated to be worth about $45K in total as of 26 August 2026, within a range of $35K to $55K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GALVAN RANCH J12 is a fraction of it. The estimate fits an Arps decline curve to the production GALVAN RANCH J12 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GALVAN RANCH J12 is an estimate of value, not an offer and not an appraisal.
- How much income does GALVAN RANCH J12 generate in a year?
- GALVAN RANCH J12 is forecast to net about $7K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GALVAN RANCH J12 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Legend Natural Gas III, LP |
|---|---|
| Field | Las Tiendas (Olmos) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 252066 |
| Wellbores | 1 |
| Reported production | 174,490 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $45K |
Where GALVAN RANCH J12 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.