BONGO 13
BONGO 13 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Patriot Resources, Inc. It has 3 wellbores on file with the Commission. Reported production runs from April 2013 to August 2026, totalling 135,125 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 $343K, with roughly $66K 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 75 barrels a month, about 25 per wellbore. Its strongest month on the record we hold was September 2016, at 1,825 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 BONGO 13
- Who operates BONGO 13?
- BONGO 13 is operated by Patriot Resources, Inc., Railroad Commission of Texas operator number 643401.
- Where is BONGO 13?
- BONGO 13 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 44346.
- Is BONGO 13 still producing?
- BONGO 13 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BONGO 13 is August 2026.
- How much has BONGO 13 produced?
- BONGO 13 has reported 135,125 barrels of oil (bbl) to the Railroad Commission of Texas between April 2013 and August 2026, from 3 wellbores.
- How much is BONGO 13 worth?
- The remaining production from BONGO 13 is estimated to be worth about $343K in total as of 26 August 2026, within a range of $189K to $498K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BONGO 13 is a fraction of it. The estimate fits an Arps decline curve to the production BONGO 13 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BONGO 13 is an estimate of value, not an offer and not an appraisal.
- How much income does BONGO 13 generate in a year?
- BONGO 13 is forecast to net about $66K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BONGO 13 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Patriot Resources, Inc. |
|---|---|
| Field | Cable (Delaware) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 44346 |
| Wellbores | 3 |
| Reported production | 135,125 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $343K |
Where BONGO 13 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.