VETERANS LAND BOARD
VETERANS LAND BOARD is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Kaiser-Francis Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from November 2003 to August 2026, totalling 255,375 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 $10K, with roughly $2K 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 163 thousand cubic feet a month. Its strongest month on the record we hold was February 2022, at 1,156 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 VETERANS LAND BOARD
- Who operates VETERANS LAND BOARD?
- VETERANS LAND BOARD is operated by Kaiser-Francis Oil Company, Railroad Commission of Texas operator number 450175.
- Where is VETERANS LAND BOARD?
- VETERANS LAND BOARD is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 199289.
- Is VETERANS LAND BOARD still producing?
- VETERANS LAND BOARD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VETERANS LAND BOARD is August 2026.
- How much has VETERANS LAND BOARD produced?
- VETERANS LAND BOARD has reported 255,375 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2003 and August 2026, from 1 wellbore.
- How much is VETERANS LAND BOARD worth?
- The remaining production from VETERANS LAND BOARD is estimated to be worth about $10K in total as of 27 August 2026, within a range of $8K to $12K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VETERANS LAND BOARD is a fraction of it. The estimate fits an Arps decline curve to the production VETERANS LAND BOARD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VETERANS LAND BOARD is an estimate of value, not an offer and not an appraisal.
- How much income does VETERANS LAND BOARD generate in a year?
- VETERANS LAND BOARD is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in VETERANS LAND BOARD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Kaiser-Francis Oil Company |
|---|---|
| Field | La Moca Ranch (Escondido) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 199289 |
| Wellbores | 1 |
| Reported production | 255,375 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $10K |
Where VETERANS LAND BOARD 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.