TEX-MEX RR CO. 599
TEX-MEX RR CO. 599 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 August 2001 to August 2026, totalling 5,026,316 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 $477K, with roughly $85K 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 3,429 thousand cubic feet a month. Its strongest month on the record we hold was January 2017, at 6,633 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 TEX-MEX RR CO. 599
- Who operates TEX-MEX RR CO. 599?
- TEX-MEX RR CO. 599 is operated by Conoco Inc., Railroad Commission of Texas operator number 172230.
- Where is TEX-MEX RR CO. 599?
- TEX-MEX RR CO. 599 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 184400.
- Is TEX-MEX RR CO. 599 still producing?
- TEX-MEX RR CO. 599 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEX-MEX RR CO. 599 is August 2026.
- How much has TEX-MEX RR CO. 599 produced?
- TEX-MEX RR CO. 599 has reported 5,026,316 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2001 and August 2026, from 1 wellbore.
- How much is TEX-MEX RR CO. 599 worth?
- The remaining production from TEX-MEX RR CO. 599 is estimated to be worth about $477K in total as of 27 August 2026, within a range of $396K to $558K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEX-MEX RR CO. 599 is a fraction of it. The estimate fits an Arps decline curve to the production TEX-MEX RR CO. 599 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEX-MEX RR CO. 599 is an estimate of value, not an offer and not an appraisal.
- How much income does TEX-MEX RR CO. 599 generate in a year?
- TEX-MEX RR CO. 599 is forecast to net about $85K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TEX-MEX RR CO. 599 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conoco Inc. |
|---|---|
| Field | B.M.T. (Lobo Cons.) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 184400 |
| Wellbores | 1 |
| Reported production | 5,026,316 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $477K |
Where TEX-MEX RR CO. 599 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.