TXL-BM-NCT B
TXL-BM-NCT B is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Raw Production. It has 1 wellbore on file with the Commission. Reported production runs from September 2005 to August 2026, totalling 12,409 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 $587K, with roughly $113K 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 87 barrels a month. Its strongest month on the record we hold was March 2024, at 625 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 TXL-BM-NCT B
- Who operates TXL-BM-NCT B?
- TXL-BM-NCT B is operated by Raw Production, Railroad Commission of Texas operator number 694866.
- Where is TXL-BM-NCT B?
- TXL-BM-NCT B is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 37608.
- Is TXL-BM-NCT B still producing?
- TXL-BM-NCT B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TXL-BM-NCT B is August 2026.
- How much has TXL-BM-NCT B produced?
- TXL-BM-NCT B has reported 12,409 barrels of oil (bbl) to the Railroad Commission of Texas between September 2005 and August 2026, from 1 wellbore.
- How much is TXL-BM-NCT B worth?
- The remaining production from TXL-BM-NCT B is estimated to be worth about $587K in total as of 27 August 2026, within a range of $323K to $850K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TXL-BM-NCT B is a fraction of it. The estimate fits an Arps decline curve to the production TXL-BM-NCT B 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 B is an estimate of value, not an offer and not an appraisal.
- How much income does TXL-BM-NCT B generate in a year?
- TXL-BM-NCT B is forecast to net about $113K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TXL-BM-NCT B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Raw Production |
|---|---|
| Field | Sullivan (Delaware) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 37608 |
| Wellbores | 1 |
| Reported production | 12,409 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $587K |
Where TXL-BM-NCT B 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.