ARGO VEST

ARGO VEST is a Texas gas lease in Winkler County, Railroad Commission district 08, operated by Chance Properties. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 75,302 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 $19K, 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 191 thousand cubic feet a month. Its strongest month on the record we hold was January 2025, at 1,351 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 ARGO VEST

Who operates ARGO VEST?
ARGO VEST is operated by Chance Properties, Railroad Commission of Texas operator number 144181.
Where is ARGO VEST?
ARGO VEST is a Texas gas lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 051758.
Is ARGO VEST still producing?
ARGO VEST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ARGO VEST is August 2026.
How much has ARGO VEST produced?
ARGO VEST has reported 75,302 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is ARGO VEST worth?
The remaining production from ARGO VEST is estimated to be worth about $19K in total as of 27 August 2026, within a range of $15K to $23K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ARGO VEST is a fraction of it. The estimate fits an Arps decline curve to the production ARGO VEST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ARGO VEST is an estimate of value, not an offer and not an appraisal.
How much income does ARGO VEST generate in a year?
ARGO VEST 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 ARGO VEST receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

ARGO VEST as filed with the Railroad Commission of Texas
OperatorChance Properties
FieldKermit (Yates)
CountyWinkler County, Texas
RRC district08
Lease number051758
Wellbores1
Reported production75,302 mcf
First reported
Last reported
Estimated royalty value$19K

Where ARGO VEST 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.