FULLER, P. L. NCT-3
FULLER, P. L. NCT-3 is a Texas oil lease in Kent County, Railroad Commission district 8A, 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 199,055 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 $822K, with roughly $158K 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 216 barrels a month. Its strongest month on the record we hold was October 2017, at 427 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 FULLER, P. L. NCT-3
- Who operates FULLER, P. L. NCT-3?
- FULLER, P. L. NCT-3 is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is FULLER, P. L. NCT-3?
- FULLER, P. L. NCT-3 is a Texas oil lease in Kent County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 13315.
- Is FULLER, P. L. NCT-3 still producing?
- FULLER, P. L. NCT-3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for FULLER, P. L. NCT-3 is August 2026.
- How much has FULLER, P. L. NCT-3 produced?
- FULLER, P. L. NCT-3 has reported 199,055 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is FULLER, P. L. NCT-3 worth?
- The remaining production from FULLER, P. L. NCT-3 is estimated to be worth about $822K in total as of 26 August 2026, within a range of $641K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in FULLER, P. L. NCT-3 is a fraction of it. The estimate fits an Arps decline curve to the production FULLER, P. L. NCT-3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for FULLER, P. L. NCT-3 is an estimate of value, not an offer and not an appraisal.
- How much income does FULLER, P. L. NCT-3 generate in a year?
- FULLER, P. L. NCT-3 is forecast to net about $158K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in FULLER, P. L. NCT-3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texaco E & P Inc. |
|---|---|
| Field | Cogdell, East (Canyon) |
| County | Kent County, Texas |
| RRC district | 8A |
| Lease number | 13315 |
| Wellbores | 1 |
| Reported production | 199,055 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $822K |
Where FULLER, P. L. NCT-3 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.