LAS PALOMAS
LAS PALOMAS is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Conocophillips Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2006 to August 2026, totalling 396,590 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 $6K, with roughly $749 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 34 thousand cubic feet a month. Its strongest month on the record we hold was May 2018, at 1,477 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 LAS PALOMAS
- Who operates LAS PALOMAS?
- LAS PALOMAS is operated by Conocophillips Company, Railroad Commission of Texas operator number 172232.
- Where is LAS PALOMAS?
- LAS PALOMAS is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 218403.
- Is LAS PALOMAS still producing?
- LAS PALOMAS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LAS PALOMAS is August 2026.
- How much has LAS PALOMAS produced?
- LAS PALOMAS has reported 396,590 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2006 and August 2026, from 1 wellbore.
- How much is LAS PALOMAS worth?
- The remaining production from LAS PALOMAS is estimated to be worth about $6K in total as of 27 August 2026, within a range of $3K to $9K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LAS PALOMAS is a fraction of it. The estimate fits an Arps decline curve to the production LAS PALOMAS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LAS PALOMAS is an estimate of value, not an offer and not an appraisal.
- How much income does LAS PALOMAS generate in a year?
- LAS PALOMAS is forecast to net about $749 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LAS PALOMAS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Conocophillips Company |
|---|---|
| Field | Haynes (Middle Wilcox Cons.) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 218403 |
| Wellbores | 1 |
| Reported production | 396,590 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $6K |
Where LAS PALOMAS 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.