BROUSSARD, J. E. NCT-1

BROUSSARD, J. E. NCT-1 is a Texas oil lease in Wharton County, Railroad Commission district 03, operated by Texaco E & P Inc. It has 34 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 2,581,552 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 $6.1M, with roughly $1.4M 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 2,287 barrels a month, about 67 per wellbore. Its strongest month on the record we hold was August 2016, at 4,379 barrels. 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 BROUSSARD, J. E. NCT-1

Who operates BROUSSARD, J. E. NCT-1?
BROUSSARD, J. E. NCT-1 is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
Where is BROUSSARD, J. E. NCT-1?
BROUSSARD, J. E. NCT-1 is a Texas oil lease in Wharton County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 02909.
Is BROUSSARD, J. E. NCT-1 still producing?
BROUSSARD, J. E. NCT-1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BROUSSARD, J. E. NCT-1 is August 2026.
How much has BROUSSARD, J. E. NCT-1 produced?
BROUSSARD, J. E. NCT-1 has reported 2,581,552 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 34 wellbores.
How much is BROUSSARD, J. E. NCT-1 worth?
The remaining production from BROUSSARD, J. E. NCT-1 is estimated to be worth about $6.1M in total as of 27 August 2026, within a range of $5.0M to $7.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BROUSSARD, J. E. NCT-1 is a fraction of it. The estimate fits an Arps decline curve to the production BROUSSARD, J. E. NCT-1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BROUSSARD, J. E. NCT-1 is an estimate of value, not an offer and not an appraisal.
How much income does BROUSSARD, J. E. NCT-1 generate in a year?
BROUSSARD, J. E. NCT-1 is forecast to net about $1.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BROUSSARD, J. E. NCT-1 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

BROUSSARD, J. E. NCT-1 as filed with the Railroad Commission of Texas
OperatorTexaco E & P Inc.
FieldMagnet Withers
CountyWharton County, Texas
RRC district03
Lease number02909
Wellbores34
Reported production2,581,552 bbl
First reported
Last reported
Estimated royalty value$6.1M

Where BROUSSARD, J. E. NCT-1 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.