RANDALS, R. J. NCT-1
RANDALS, R. J. NCT-1 is a Texas oil lease in Scurry County, Railroad Commission district 8A, operated by Par Producing Company. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 68,106 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 $276K, with roughly $53K 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 59 barrels a month, about 20 per wellbore. Its strongest month on the record we hold was May 2016, at 231 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 RANDALS, R. J. NCT-1
- Who operates RANDALS, R. J. NCT-1?
- RANDALS, R. J. NCT-1 is operated by Par Producing Company, Railroad Commission of Texas operator number 641825.
- Where is RANDALS, R. J. NCT-1?
- RANDALS, R. J. NCT-1 is a Texas oil lease in Scurry County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 10490.
- Is RANDALS, R. J. NCT-1 still producing?
- RANDALS, R. J. NCT-1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RANDALS, R. J. NCT-1 is August 2026.
- How much has RANDALS, R. J. NCT-1 produced?
- RANDALS, R. J. NCT-1 has reported 68,106 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is RANDALS, R. J. NCT-1 worth?
- The remaining production from RANDALS, R. J. NCT-1 is estimated to be worth about $276K in total as of 26 August 2026, within a range of $152K to $401K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RANDALS, R. J. NCT-1 is a fraction of it. The estimate fits an Arps decline curve to the production RANDALS, R. J. 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 RANDALS, R. J. NCT-1 is an estimate of value, not an offer and not an appraisal.
- How much income does RANDALS, R. J. NCT-1 generate in a year?
- RANDALS, R. J. NCT-1 is forecast to net about $53K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in RANDALS, R. J. NCT-1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Par Producing Company |
|---|---|
| Field | Kelly-Snyder (Clear Fork, Lower) |
| County | Scurry County, Texas |
| RRC district | 8A |
| Lease number | 10490 |
| Wellbores | 3 |
| Reported production | 68,106 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $276K |
Where RANDALS, R. J. 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.