NEEL, BESS
NEEL, BESS 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 March 2002 to August 2026, totalling 2,700,537 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 $4K, with roughly $520 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 32 thousand cubic feet a month. Its strongest month on the record we hold was May 2025, at 258 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 NEEL, BESS
- Who operates NEEL, BESS?
- NEEL, BESS is operated by North Central Oil Corp., Railroad Commission of Texas operator number 613760.
- Where is NEEL, BESS?
- NEEL, BESS is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 188053.
- Is NEEL, BESS still producing?
- NEEL, BESS is intermittent. The most recent month of production reported to the Railroad Commission of Texas for NEEL, BESS is August 2026.
- How much has NEEL, BESS produced?
- NEEL, BESS has reported 2,700,537 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2002 and August 2026, from 1 wellbore.
- How much is NEEL, BESS worth?
- The remaining production from NEEL, BESS is estimated to be worth about $4K in total as of 27 August 2026, within a range of $2K to $6K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEEL, BESS is a fraction of it. The estimate fits an Arps decline curve to the production NEEL, BESS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEEL, BESS is an estimate of value, not an offer and not an appraisal.
- How much income does NEEL, BESS generate in a year?
- NEEL, BESS is forecast to net about $520 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NEEL, BESS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | North Central Oil Corp. |
|---|---|
| Field | Los Mogotes (Lobo 1) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 188053 |
| Wellbores | 1 |
| Reported production | 2,700,537 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where NEEL, BESS 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.