JOHNSON, R. D. ESTATE "N" NCT-2
JOHNSON, R. D. ESTATE "N" NCT-2 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Texaco E & P Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 181,044 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 $211K, with roughly $36K 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 45 barrels a month. Its strongest month on the record we hold was September 2018, at 428 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 JOHNSON, R. D. ESTATE "N" NCT-2
- Who operates JOHNSON, R. D. ESTATE "N" NCT-2?
- JOHNSON, R. D. ESTATE "N" NCT-2 is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is JOHNSON, R. D. ESTATE "N" NCT-2?
- JOHNSON, R. D. ESTATE "N" NCT-2 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 12506.
- Is JOHNSON, R. D. ESTATE "N" NCT-2 still producing?
- JOHNSON, R. D. ESTATE "N" NCT-2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOHNSON, R. D. ESTATE "N" NCT-2 is August 2026.
- How much has JOHNSON, R. D. ESTATE "N" NCT-2 produced?
- JOHNSON, R. D. ESTATE "N" NCT-2 has reported 181,044 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is JOHNSON, R. D. ESTATE "N" NCT-2 worth?
- The remaining production from JOHNSON, R. D. ESTATE "N" NCT-2 is estimated to be worth about $211K in total as of 26 August 2026, within a range of $116K to $306K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOHNSON, R. D. ESTATE "N" NCT-2 is a fraction of it. The estimate fits an Arps decline curve to the production JOHNSON, R. D. ESTATE "N" NCT-2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOHNSON, R. D. ESTATE "N" NCT-2 is an estimate of value, not an offer and not an appraisal.
- How much income does JOHNSON, R. D. ESTATE "N" NCT-2 generate in a year?
- JOHNSON, R. D. ESTATE "N" NCT-2 is forecast to net about $36K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JOHNSON, R. D. ESTATE "N" NCT-2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texaco E & P Inc. |
|---|---|
| Field | Doodlebug (Wolfcamp) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 12506 |
| Wellbores | 1 |
| Reported production | 181,044 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $211K |
Where JOHNSON, R. D. ESTATE "N" NCT-2 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.