NCOC FEE UNIT
NCOC FEE UNIT is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Pogo Producing Company. It has 1 wellbore on file with the Commission. Reported production runs from May 2007 to August 2026, totalling 1,840,493 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 $391K, 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 2,661 thousand cubic feet a month. Its strongest month on the record we hold was May 2017, at 6,159 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 NCOC FEE UNIT
- Who operates NCOC FEE UNIT?
- NCOC FEE UNIT is operated by Pogo Producing Company, Railroad Commission of Texas operator number 668900.
- Where is NCOC FEE UNIT?
- NCOC FEE UNIT is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 228712.
- Is NCOC FEE UNIT still producing?
- NCOC FEE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NCOC FEE UNIT is August 2026.
- How much has NCOC FEE UNIT produced?
- NCOC FEE UNIT has reported 1,840,493 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2007 and August 2026, from 1 wellbore.
- How much is NCOC FEE UNIT worth?
- The remaining production from NCOC FEE UNIT is estimated to be worth about $391K in total as of 26 August 2026, within a range of $325K to $458K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NCOC FEE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NCOC FEE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NCOC FEE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NCOC FEE UNIT generate in a year?
- NCOC FEE UNIT 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 NCOC FEE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pogo Producing Company |
|---|---|
| Field | Cisco-Benavides (Lobo Cons.) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 228712 |
| Wellbores | 1 |
| Reported production | 1,840,493 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $391K |
Where NCOC FEE 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.