BONGO 76-43 LOV UNIT
BONGO 76-43 LOV UNIT is a Texas oil lease in Loving County, Railroad Commission district 08, operated by Shell Western E&P. It has 9 wellbores on file with the Commission. Reported production runs from July 2017 to August 2026, totalling 5,773,631 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 $46.5M, with roughly $15.5M 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 23,554 barrels a month, about 2,617 per wellbore. Its strongest month on the record we hold was March 2021, at 213,880 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 BONGO 76-43 LOV UNIT
- Who operates BONGO 76-43 LOV UNIT?
- BONGO 76-43 LOV UNIT is operated by Shell Western E&P, Railroad Commission of Texas operator number 774719.
- Where is BONGO 76-43 LOV UNIT?
- BONGO 76-43 LOV UNIT is a Texas oil lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49454.
- Is BONGO 76-43 LOV UNIT still producing?
- BONGO 76-43 LOV UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BONGO 76-43 LOV UNIT is August 2026.
- How much has BONGO 76-43 LOV UNIT produced?
- BONGO 76-43 LOV UNIT has reported 5,773,631 barrels of oil (bbl) to the Railroad Commission of Texas between July 2017 and August 2026, from 9 wellbores.
- How much is BONGO 76-43 LOV UNIT worth?
- The remaining production from BONGO 76-43 LOV UNIT is estimated to be worth about $46.5M in total as of 26 August 2026, within a range of $38.1M to $54.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BONGO 76-43 LOV UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BONGO 76-43 LOV UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BONGO 76-43 LOV UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BONGO 76-43 LOV UNIT generate in a year?
- BONGO 76-43 LOV UNIT is forecast to net about $15.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BONGO 76-43 LOV UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Shell Western E&P |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 49454 |
| Wellbores | 9 |
| Reported production | 5,773,631 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $46.5M |
Where BONGO 76-43 LOV UNIT 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.