NECHES OU 48
NECHES OU 48 is a Texas oil lease in Cherokee County, Railroad Commission district 06, operated by Exxon Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 33,645 barrels. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $3K, with roughly $560 expected over the next twelve months.
| Operator | Exxon Corp. |
|---|---|
| Field | Neches (Woodbine) |
| County | Cherokee County, Texas |
| RRC district | 06 |
| Lease number | 12939 |
| Wellbores | 1 |
| Reported production | 33,645 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $3K |
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.