MERTA, CELESTINA ET AL
MERTA, CELESTINA ET AL is a Texas gas lease in Wharton County, Railroad Commission district 03, operated by North Central Oil Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 10,452,096 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 $1.1M, with roughly $175K 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 7,376 thousand cubic feet a month. Its strongest month on the record we hold was December 2025, at 10,591 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 MERTA, CELESTINA ET AL
- Who operates MERTA, CELESTINA ET AL?
- MERTA, CELESTINA ET AL is operated by North Central Oil Corp., Railroad Commission of Texas operator number 613760.
- Where is MERTA, CELESTINA ET AL?
- MERTA, CELESTINA ET AL is a Texas gas lease in Wharton County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 128345.
- Is MERTA, CELESTINA ET AL still producing?
- MERTA, CELESTINA ET AL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MERTA, CELESTINA ET AL is August 2026.
- How much has MERTA, CELESTINA ET AL produced?
- MERTA, CELESTINA ET AL has reported 10,452,096 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MERTA, CELESTINA ET AL worth?
- The remaining production from MERTA, CELESTINA ET AL is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $929K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MERTA, CELESTINA ET AL is a fraction of it. The estimate fits an Arps decline curve to the production MERTA, CELESTINA ET AL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MERTA, CELESTINA ET AL is an estimate of value, not an offer and not an appraisal.
- How much income does MERTA, CELESTINA ET AL generate in a year?
- MERTA, CELESTINA ET AL is forecast to net about $175K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MERTA, CELESTINA ET AL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | North Central Oil Corp. |
|---|---|
| Field | Rio Loco (Yegua) |
| County | Wharton County, Texas |
| RRC district | 03 |
| Lease number | 128345 |
| Wellbores | 1 |
| Reported production | 10,452,096 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where MERTA, CELESTINA ET AL 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.