NEEL, BESS
NEEL, BESS is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Pogo Producing Company LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2009 to August 2026, totalling 676,827 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 $236K, with roughly $36K 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 2,223 thousand cubic feet a month. Its strongest month on the record we hold was January 2021, at 3,883 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 NEEL, BESS
- Who operates NEEL, BESS?
- NEEL, BESS is operated by Pogo Producing Company LLC, Railroad Commission of Texas operator number 668907.
- 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 249427.
- Is NEEL, BESS still producing?
- NEEL, BESS is currently producing. 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 676,827 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2009 and August 2026, from 1 wellbore.
- How much is NEEL, BESS worth?
- The remaining production from NEEL, BESS is estimated to be worth about $236K in total as of 27 August 2026, within a range of $196K to $276K. 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 $36K 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 | Pogo Producing Company LLC |
|---|---|
| Field | Los Mogotes (Wilcox Cons.) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 249427 |
| Wellbores | 1 |
| Reported production | 676,827 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $236K |
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.