NGR COLOSSUS
NGR COLOSSUS is a Texas oil lease in Grimes County, Railroad Commission district 03, operated by New Gulf Resources, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2015 to August 2026, totalling 15,433 barrels. 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 $438K, with roughly $60K 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 21 barrels a month. Its strongest month on the record we hold was June 2016, at 641 barrels. 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 NGR COLOSSUS
- Who operates NGR COLOSSUS?
- NGR COLOSSUS is operated by New Gulf Resources, LLC, Railroad Commission of Texas operator number 606085.
- Where is NGR COLOSSUS?
- NGR COLOSSUS is a Texas oil lease in Grimes County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26858.
- Is NGR COLOSSUS still producing?
- NGR COLOSSUS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NGR COLOSSUS is August 2026.
- How much has NGR COLOSSUS produced?
- NGR COLOSSUS has reported 15,433 barrels of oil (bbl) to the Railroad Commission of Texas between May 2015 and August 2026, from 1 wellbore.
- How much is NGR COLOSSUS worth?
- The remaining production from NGR COLOSSUS is estimated to be worth about $438K in total as of 26 August 2026, within a range of $241K to $635K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NGR COLOSSUS is a fraction of it. The estimate fits an Arps decline curve to the production NGR COLOSSUS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NGR COLOSSUS is an estimate of value, not an offer and not an appraisal.
- How much income does NGR COLOSSUS generate in a year?
- NGR COLOSSUS is forecast to net about $60K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NGR COLOSSUS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | New Gulf Resources, LLC |
|---|---|
| Field | Fort Trinidad, East (Buda) |
| County | Grimes County, Texas |
| RRC district | 03 |
| Lease number | 26858 |
| Wellbores | 1 |
| Reported production | 15,433 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $438K |
Where NGR COLOSSUS 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.