LEONARDO
LEONARDO is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Forest Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from June 2008 to August 2026, totalling 970,150 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 $364K, with roughly $67K 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 2,977 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 5,124 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 LEONARDO
- Who operates LEONARDO?
- LEONARDO is operated by Forest Oil Corporation, Railroad Commission of Texas operator number 275740.
- Where is LEONARDO?
- LEONARDO is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 242173.
- Is LEONARDO still producing?
- LEONARDO is currently producing. 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 970,150 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2008 and August 2026, from 1 wellbore.
- How much is LEONARDO worth?
- The remaining production from LEONARDO is estimated to be worth about $364K in total as of 26 August 2026, within a range of $302K to $426K. 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 $67K across the whole undivided lease over the twelve months following 26 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 | Forest Oil Corporation |
|---|---|
| Field | Charco (9400) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 242173 |
| Wellbores | 1 |
| Reported production | 970,150 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $364K |
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.