BUNGER
BUNGER is a Texas gas lease in Carson County, Railroad Commission district 10, operated by Mazel Oil & Gas Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,406,178 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 $272K, with roughly $41K 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 1,993 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 3,477 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 BUNGER
- Who operates BUNGER?
- BUNGER is operated by Mazel Oil & Gas Co., Railroad Commission of Texas operator number 537070.
- Where is BUNGER?
- BUNGER is a Texas gas lease in Carson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 025431.
- Is BUNGER still producing?
- BUNGER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BUNGER is August 2026.
- How much has BUNGER produced?
- BUNGER has reported 1,406,178 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is BUNGER worth?
- The remaining production from BUNGER is estimated to be worth about $272K in total as of 27 August 2026, within a range of $225K to $318K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BUNGER is a fraction of it. The estimate fits an Arps decline curve to the production BUNGER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BUNGER is an estimate of value, not an offer and not an appraisal.
- How much income does BUNGER generate in a year?
- BUNGER is forecast to net about $41K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BUNGER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mazel Oil & Gas Co. |
|---|---|
| Field | Panhandle, West |
| County | Carson County, Texas |
| RRC district | 10 |
| Lease number | 025431 |
| Wellbores | 1 |
| Reported production | 1,406,178 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $272K |
Where BUNGER 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.