LEONARDO
LEONARDO 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 October 2000 to August 2026, totalling 2,799,323 thousand cubic feet. The lease is intermittent. 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 $104K, with roughly $82K 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 15,221 thousand cubic feet a month. Its strongest month on the record we hold was May 2025, at 25,295 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 LEONARDO
- Who operates LEONARDO?
- LEONARDO is operated by Houston Exploration Company, The, Railroad Commission of Texas operator number 402704.
- Where is LEONARDO?
- LEONARDO is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 179884.
- Is LEONARDO still producing?
- LEONARDO is intermittent. The most recent month of production reported to the Railroad Commission of Texas for LEONARDO is August 2026.
- How much has LEONARDO produced?
- LEONARDO has reported 2,799,323 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2000 and August 2026, from 1 wellbore.
- How much is LEONARDO worth?
- The remaining production from LEONARDO is estimated to be worth about $104K in total as of 27 August 2026, within a range of $85K to $122K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LEONARDO is a fraction of it. The estimate fits an Arps decline curve to the production LEONARDO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LEONARDO is an estimate of value, not an offer and not an appraisal.
- How much income does LEONARDO generate in a year?
- LEONARDO is forecast to net about $82K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LEONARDO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Houston Exploration Company, The |
|---|---|
| Field | Charco (9200) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 179884 |
| Wellbores | 1 |
| Reported production | 2,799,323 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $104K |
Where LEONARDO 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.