IRENE
IRENE is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Houston Exploration Company, The. It has 1 wellbore on file with the Commission. Reported production runs from March 2004 to August 2026, totalling 1,880,456 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 $217K, with roughly $41K 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 1,887 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 4,710 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 IRENE
- Who operates IRENE?
- IRENE is operated by Houston Exploration Company, The, Railroad Commission of Texas operator number 402704.
- Where is IRENE?
- IRENE is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 201086.
- Is IRENE still producing?
- IRENE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for IRENE is August 2026.
- How much has IRENE produced?
- IRENE has reported 1,880,456 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2004 and August 2026, from 1 wellbore.
- How much is IRENE worth?
- The remaining production from IRENE is estimated to be worth about $217K in total as of 27 August 2026, within a range of $180K to $254K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in IRENE is a fraction of it. The estimate fits an Arps decline curve to the production IRENE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for IRENE is an estimate of value, not an offer and not an appraisal.
- How much income does IRENE generate in a year?
- IRENE is forecast to net about $41K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in IRENE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Houston Exploration Company, The |
|---|---|
| Field | Haynes (Middle Wilcox Cons.) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 201086 |
| Wellbores | 1 |
| Reported production | 1,880,456 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $217K |
Where IRENE 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.