DECARREON, G. G.
DECARREON, G. G. is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by North Central Oil Corp. It has 1 wellbore on file with the Commission. Reported production runs from June 2000 to August 2026, totalling 312,740 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 $36K, with roughly $5K 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 259 thousand cubic feet a month. Its strongest month on the record we hold was July 2019, at 657 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 DECARREON, G. G.
- Who operates DECARREON, G. G.?
- DECARREON, G. G. is operated by North Central Oil Corp., Railroad Commission of Texas operator number 613760.
- Where is DECARREON, G. G.?
- DECARREON, G. G. is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 177682.
- Is DECARREON, G. G. still producing?
- DECARREON, G. G. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DECARREON, G. G. is August 2026.
- How much has DECARREON, G. G. produced?
- DECARREON, G. G. has reported 312,740 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2000 and August 2026, from 1 wellbore.
- How much is DECARREON, G. G. worth?
- The remaining production from DECARREON, G. G. is estimated to be worth about $36K in total as of 27 August 2026, within a range of $28K to $44K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DECARREON, G. G. is a fraction of it. The estimate fits an Arps decline curve to the production DECARREON, G. G. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DECARREON, G. G. is an estimate of value, not an offer and not an appraisal.
- How much income does DECARREON, G. G. generate in a year?
- DECARREON, G. G. is forecast to net about $5K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DECARREON, G. G. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | North Central Oil Corp. |
|---|---|
| Field | Hundido (Lobo) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 177682 |
| Wellbores | 1 |
| Reported production | 312,740 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $36K |
Where DECARREON, G. G. 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.