GARZA
GARZA is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2008 to August 2026, totalling 2,373,429 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 $231K, with roughly $40K 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 1,842 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 6,360 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 GARZA
- Who operates GARZA?
- GARZA is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is GARZA?
- GARZA is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 237130.
- Is GARZA still producing?
- GARZA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GARZA is August 2026.
- How much has GARZA produced?
- GARZA has reported 2,373,429 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2008 and August 2026, from 1 wellbore.
- How much is GARZA worth?
- The remaining production from GARZA is estimated to be worth about $231K in total as of 27 August 2026, within a range of $192K to $270K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GARZA is a fraction of it. The estimate fits an Arps decline curve to the production GARZA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GARZA is an estimate of value, not an offer and not an appraisal.
- How much income does GARZA generate in a year?
- GARZA is forecast to net about $40K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GARZA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Exsun (Lobo Cons.) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 237130 |
| Wellbores | 1 |
| Reported production | 2,373,429 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $231K |
Where GARZA 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.