GALVAN RANCH R19
GALVAN RANCH R19 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 112,972 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 $11K, with roughly $1K 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 60 thousand cubic feet a month. Its strongest month on the record we hold was July 2017, at 858 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 R19
- Who operates GALVAN RANCH R19?
- GALVAN RANCH R19 is operated by Legend Natural Gas III, LP, Railroad Commission of Texas operator number 495553.
- Where is GALVAN RANCH R19?
- GALVAN RANCH R19 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 255784.
- Is GALVAN RANCH R19 still producing?
- GALVAN RANCH R19 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GALVAN RANCH R19 is August 2026.
- How much has GALVAN RANCH R19 produced?
- GALVAN RANCH R19 has reported 112,972 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 R19 worth?
- The remaining production from GALVAN RANCH R19 is estimated to be worth about $11K in total as of 26 August 2026, within a range of $6K to $16K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GALVAN RANCH R19 is a fraction of it. The estimate fits an Arps decline curve to the production GALVAN RANCH R19 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 R19 is an estimate of value, not an offer and not an appraisal.
- How much income does GALVAN RANCH R19 generate in a year?
- GALVAN RANCH R19 is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GALVAN RANCH R19 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 | 255784 |
| Wellbores | 1 |
| Reported production | 112,972 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $11K |
Where GALVAN RANCH R19 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.