VT GARNER
VT GARNER is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Virtex Petroleum Company, Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2005 to August 2026, totalling 296,767 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 $790, with roughly $100 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 135 thousand cubic feet a month. Its strongest month on the record we hold was December 2016, at 1,467 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 VT GARNER
- Who operates VT GARNER?
- VT GARNER is operated by Virtex Petroleum Company, Inc., Railroad Commission of Texas operator number 886228.
- Where is VT GARNER?
- VT GARNER is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 213784.
- Is VT GARNER still producing?
- VT GARNER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for VT GARNER is August 2026.
- How much has VT GARNER produced?
- VT GARNER has reported 296,767 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2005 and August 2026, from 1 wellbore.
- How much is VT GARNER worth?
- The remaining production from VT GARNER is estimated to be worth about $790 in total as of 26 August 2026, within a range of $616 to $964. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VT GARNER is a fraction of it. The estimate fits an Arps decline curve to the production VT GARNER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VT GARNER is an estimate of value, not an offer and not an appraisal.
- How much income does VT GARNER generate in a year?
- VT GARNER is forecast to net about $100 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in VT GARNER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Virtex Petroleum Company, Inc. |
|---|---|
| Field | Tom Walsh (Olmos) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 213784 |
| Wellbores | 1 |
| Reported production | 296,767 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $790 |
Where VT GARNER 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.