MONTGOMERY ESTATE-DAVIES NCT-2
MONTGOMERY ESTATE-DAVIES NCT-2 is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Texaco E & P Inc. It has 198 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 11,056,164 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 $42.2M, with roughly $10.1M 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 14,195 barrels a month, about 72 per wellbore. Its strongest month on the record we hold was May 2016, at 23,662 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 MONTGOMERY ESTATE-DAVIES NCT-2
- Who operates MONTGOMERY ESTATE-DAVIES NCT-2?
- MONTGOMERY ESTATE-DAVIES NCT-2 is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is MONTGOMERY ESTATE-DAVIES NCT-2?
- MONTGOMERY ESTATE-DAVIES NCT-2 is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 14567.
- Is MONTGOMERY ESTATE-DAVIES NCT-2 still producing?
- MONTGOMERY ESTATE-DAVIES NCT-2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MONTGOMERY ESTATE-DAVIES NCT-2 is August 2026.
- How much has MONTGOMERY ESTATE-DAVIES NCT-2 produced?
- MONTGOMERY ESTATE-DAVIES NCT-2 has reported 11,056,164 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 198 wellbores.
- How much is MONTGOMERY ESTATE-DAVIES NCT-2 worth?
- The remaining production from MONTGOMERY ESTATE-DAVIES NCT-2 is estimated to be worth about $42.2M in total as of 26 August 2026, within a range of $34.6M to $49.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MONTGOMERY ESTATE-DAVIES NCT-2 is a fraction of it. The estimate fits an Arps decline curve to the production MONTGOMERY ESTATE-DAVIES 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 MONTGOMERY ESTATE-DAVIES NCT-2 is an estimate of value, not an offer and not an appraisal.
- How much income does MONTGOMERY ESTATE-DAVIES NCT-2 generate in a year?
- MONTGOMERY ESTATE-DAVIES NCT-2 is forecast to net about $10.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MONTGOMERY ESTATE-DAVIES 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 | Levelland |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 14567 |
| Wellbores | 198 |
| Reported production | 11,056,164 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $42.2M |
Where MONTGOMERY ESTATE-DAVIES 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.