RANGEL
RANGEL is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Merit Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2005 to August 2026, totalling 591,565 thousand cubic feet. The lease is intermittent. 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 $141, with roughly $18 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 0 thousand cubic feet a month. Its strongest month on the record we hold was October 2017, at 2,467 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 RANGEL
- Who operates RANGEL?
- RANGEL is operated by Merit Energy Company, Railroad Commission of Texas operator number 561136.
- Where is RANGEL?
- RANGEL is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 208489.
- Is RANGEL still producing?
- RANGEL is intermittent. The most recent month of production reported to the Railroad Commission of Texas for RANGEL is August 2026.
- How much has RANGEL produced?
- RANGEL has reported 591,565 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2005 and August 2026, from 1 wellbore.
- How much is RANGEL worth?
- The remaining production from RANGEL is estimated to be worth about $141 in total as of 27 August 2026, within a range of $0 to $282. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RANGEL is a fraction of it. The estimate fits an Arps decline curve to the production RANGEL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RANGEL is an estimate of value, not an offer and not an appraisal.
- How much income does RANGEL generate in a year?
- RANGEL is forecast to net about $18 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RANGEL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Merit Energy Company |
|---|---|
| Field | Escobas (10,650) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 208489 |
| Wellbores | 1 |
| Reported production | 591,565 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $141 |
Where RANGEL 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.