NGR FIVELAND
NGR FIVELAND is a Texas oil lease in Grimes County, Railroad Commission district 05, operated by New Gulf Resources, Llc. It has 1 wellbore on file with the Commission. Reported production runs from September 2015 to August 2026, totalling 31,187 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $3K, with roughly $579 expected over the next twelve months.
| Operator | New Gulf Resources, Llc |
|---|---|
| Field | Aguila Vado (Eagleford) |
| County | Grimes County, Texas |
| RRC district | 05 |
| Lease number | 04240 |
| Wellbores | 1 |
| Reported production | 31,187 bbl |
| First reported | September 2015 |
| Last reported | August 2026 |
| Estimated royalty value | $3K |
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.