GALVAN RANCH J8
GALVAN RANCH J8 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 February 2010 to August 2026, totalling 222,764 thousand cubic feet. The lease is intermittent. 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 $3K, with roughly $387 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 8 thousand cubic feet a month. Its strongest month on the record we hold was November 2020, at 1,012 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 J8
- Who operates GALVAN RANCH J8?
- GALVAN RANCH J8 is operated by Legend Natural Gas III, LP, Railroad Commission of Texas operator number 495553.
- Where is GALVAN RANCH J8?
- GALVAN RANCH J8 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 255906.
- Is GALVAN RANCH J8 still producing?
- GALVAN RANCH J8 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for GALVAN RANCH J8 is August 2026.
- How much has GALVAN RANCH J8 produced?
- GALVAN RANCH J8 has reported 222,764 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 2010 and August 2026, from 1 wellbore.
- How much is GALVAN RANCH J8 worth?
- The remaining production from GALVAN RANCH J8 is estimated to be worth about $3K in total as of 26 August 2026, within a range of $0 to $6K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GALVAN RANCH J8 is a fraction of it. The estimate fits an Arps decline curve to the production GALVAN RANCH J8 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 J8 is an estimate of value, not an offer and not an appraisal.
- How much income does GALVAN RANCH J8 generate in a year?
- GALVAN RANCH J8 is forecast to net about $387 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GALVAN RANCH J8 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 | 255906 |
| Wellbores | 1 |
| Reported production | 222,764 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where GALVAN RANCH J8 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.