STATE TRACT 838
STATE TRACT 838 is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2004 to August 2026, totalling 1,345,366 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 $260K, with roughly $44K 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 1,644 thousand cubic feet a month. Its strongest month on the record we hold was March 2026, at 3,900 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 STATE TRACT 838
- Who operates STATE TRACT 838?
- STATE TRACT 838 is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
- Where is STATE TRACT 838?
- STATE TRACT 838 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 204361.
- Is STATE TRACT 838 still producing?
- STATE TRACT 838 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STATE TRACT 838 is August 2026.
- How much has STATE TRACT 838 produced?
- STATE TRACT 838 has reported 1,345,366 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2004 and August 2026, from 1 wellbore.
- How much is STATE TRACT 838 worth?
- The remaining production from STATE TRACT 838 is estimated to be worth about $260K in total as of 26 August 2026, within a range of $216K to $305K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STATE TRACT 838 is a fraction of it. The estimate fits an Arps decline curve to the production STATE TRACT 838 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STATE TRACT 838 is an estimate of value, not an offer and not an appraisal.
- How much income does STATE TRACT 838 generate in a year?
- STATE TRACT 838 is forecast to net about $44K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STATE TRACT 838 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Eog Resources, Inc. |
|---|---|
| Field | Zwebb (10350) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 204361 |
| Wellbores | 1 |
| Reported production | 1,345,366 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $260K |
Where STATE TRACT 838 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.