MOCAP 56-T1-25
MOCAP 56-T1-25 is a Texas gas lease in Loving County, Railroad Commission district 08, operated by BHP Billiton Pet(Txla Op) Co. It has 1 wellbore on file with the Commission. Reported production runs from March 2016 to August 2026, totalling 833,126 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 $5.7M, with roughly $1.3M 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 4,985 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 36,025 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 MOCAP 56-T1-25
- Who operates MOCAP 56-T1-25?
- MOCAP 56-T1-25 is operated by BHP Billiton Pet(Txla Op) Co, Railroad Commission of Texas operator number 068596.
- Where is MOCAP 56-T1-25?
- MOCAP 56-T1-25 is a Texas gas lease in Loving County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 280254.
- Is MOCAP 56-T1-25 still producing?
- MOCAP 56-T1-25 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MOCAP 56-T1-25 is August 2026.
- How much has MOCAP 56-T1-25 produced?
- MOCAP 56-T1-25 has reported 833,126 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2016 and August 2026, from 1 wellbore.
- How much is MOCAP 56-T1-25 worth?
- The remaining production from MOCAP 56-T1-25 is estimated to be worth about $5.7M in total as of 27 August 2026, within a range of $4.8M to $6.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MOCAP 56-T1-25 is a fraction of it. The estimate fits an Arps decline curve to the production MOCAP 56-T1-25 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MOCAP 56-T1-25 is an estimate of value, not an offer and not an appraisal.
- How much income does MOCAP 56-T1-25 generate in a year?
- MOCAP 56-T1-25 is forecast to net about $1.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MOCAP 56-T1-25 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BHP Billiton Pet(Txla Op) Co |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Loving County, Texas |
| RRC district | 08 |
| Lease number | 280254 |
| Wellbores | 1 |
| Reported production | 833,126 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.7M |
Where MOCAP 56-T1-25 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.