J. B. NORTHCUTT
J. B. NORTHCUTT is a Texas oil lease in Caldwell County, Railroad Commission district 01, operated by North South Oil, LLC. It has 5 wellbores on file with the Commission. Reported production runs from December 2010 to August 2026, totalling 354,191 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 $838K, with roughly $299K 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 471 barrels a month, about 94 per wellbore. Its strongest month on the record we hold was May 2018, at 5,555 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 J. B. NORTHCUTT
- Who operates J. B. NORTHCUTT?
- J. B. NORTHCUTT is operated by North South Oil, LLC, Railroad Commission of Texas operator number 614126.
- Where is J. B. NORTHCUTT?
- J. B. NORTHCUTT is a Texas oil lease in Caldwell County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15471.
- Is J. B. NORTHCUTT still producing?
- J. B. NORTHCUTT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for J. B. NORTHCUTT is August 2026.
- How much has J. B. NORTHCUTT produced?
- J. B. NORTHCUTT has reported 354,191 barrels of oil (bbl) to the Railroad Commission of Texas between December 2010 and August 2026, from 5 wellbores.
- How much is J. B. NORTHCUTT worth?
- The remaining production from J. B. NORTHCUTT is estimated to be worth about $838K in total as of 27 August 2026, within a range of $653K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in J. B. NORTHCUTT is a fraction of it. The estimate fits an Arps decline curve to the production J. B. NORTHCUTT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for J. B. NORTHCUTT is an estimate of value, not an offer and not an appraisal.
- How much income does J. B. NORTHCUTT generate in a year?
- J. B. NORTHCUTT is forecast to net about $299K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in J. B. NORTHCUTT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | North South Oil, LLC |
|---|---|
| Field | Salt Flat (Edwards) |
| County | Caldwell County, Texas |
| RRC district | 01 |
| Lease number | 15471 |
| Wellbores | 5 |
| Reported production | 354,191 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $838K |
Where J. B. NORTHCUTT 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.