TXL BM (NCT-C)
TXL BM (NCT-C) is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Shaida, John H. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 63,197 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 $23K, with roughly $4K 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 4 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was December 2017, at 216 barrels. 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 TXL BM (NCT-C)
- Who operates TXL BM (NCT-C)?
- TXL BM (NCT-C) is operated by Shaida, John H., Railroad Commission of Texas operator number 768650.
- Where is TXL BM (NCT-C)?
- TXL BM (NCT-C) is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 28022.
- Is TXL BM (NCT-C) still producing?
- TXL BM (NCT-C) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TXL BM (NCT-C) is August 2026.
- How much has TXL BM (NCT-C) produced?
- TXL BM (NCT-C) has reported 63,197 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is TXL BM (NCT-C) worth?
- The remaining production from TXL BM (NCT-C) is estimated to be worth about $23K in total as of 26 August 2026, within a range of $0 to $46K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TXL BM (NCT-C) is a fraction of it. The estimate fits an Arps decline curve to the production TXL BM (NCT-C) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TXL BM (NCT-C) is an estimate of value, not an offer and not an appraisal.
- How much income does TXL BM (NCT-C) generate in a year?
- TXL BM (NCT-C) is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TXL BM (NCT-C) receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Shaida, John H. |
|---|---|
| Field | Jess Burner (Delaware 3800) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 28022 |
| Wellbores | 4 |
| Reported production | 63,197 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $23K |
Where TXL BM (NCT-C) 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.