WESCOTT
WESCOTT is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Noble Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from October 2004 to August 2026, totalling 439,595 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 $1.4M, with roughly $473K 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 814 barrels a month. Its strongest month on the record we hold was January 2020, at 1,424 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 WESCOTT
- Who operates WESCOTT?
- WESCOTT is operated by Noble Energy Inc, Railroad Commission of Texas operator number 611665.
- Where is WESCOTT?
- WESCOTT is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68786.
- Is WESCOTT still producing?
- WESCOTT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WESCOTT is August 2026.
- How much has WESCOTT produced?
- WESCOTT has reported 439,595 barrels of oil (bbl) to the Railroad Commission of Texas between October 2004 and August 2026, from 1 wellbore.
- How much is WESCOTT worth?
- The remaining production from WESCOTT is estimated to be worth about $1.4M in total as of 26 August 2026, within a range of $1.1M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WESCOTT is a fraction of it. The estimate fits an Arps decline curve to the production WESCOTT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WESCOTT is an estimate of value, not an offer and not an appraisal.
- How much income does WESCOTT generate in a year?
- WESCOTT is forecast to net about $473K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WESCOTT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Noble Energy Inc |
|---|---|
| Field | Wescott (Dev.) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 68786 |
| Wellbores | 1 |
| Reported production | 439,595 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where WESCOTT 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.