BURNETT, S. B. NCT-2
BURNETT, S. B. NCT-2 is a Texas oil lease in Carson County, Railroad Commission district 10, operated by Texaco E & P Inc. It has 12 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 51,750 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 $102K, with roughly $20K 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 32 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was October 2022, at 191 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 BURNETT, S. B. NCT-2
- Who operates BURNETT, S. B. NCT-2?
- BURNETT, S. B. NCT-2 is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is BURNETT, S. B. NCT-2?
- BURNETT, S. B. NCT-2 is a Texas oil lease in Carson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 01530.
- Is BURNETT, S. B. NCT-2 still producing?
- BURNETT, S. B. NCT-2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BURNETT, S. B. NCT-2 is August 2026.
- How much has BURNETT, S. B. NCT-2 produced?
- BURNETT, S. B. NCT-2 has reported 51,750 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 12 wellbores.
- How much is BURNETT, S. B. NCT-2 worth?
- The remaining production from BURNETT, S. B. NCT-2 is estimated to be worth about $102K in total as of 26 August 2026, within a range of $56K to $148K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BURNETT, S. B. NCT-2 is a fraction of it. The estimate fits an Arps decline curve to the production BURNETT, S. B. 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 BURNETT, S. B. NCT-2 is an estimate of value, not an offer and not an appraisal.
- How much income does BURNETT, S. B. NCT-2 generate in a year?
- BURNETT, S. B. NCT-2 is forecast to net about $20K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BURNETT, S. B. 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 | Panhandle Carson County Field |
| County | Carson County, Texas |
| RRC district | 10 |
| Lease number | 01530 |
| Wellbores | 12 |
| Reported production | 51,750 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $102K |
Where BURNETT, S. B. 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.