THOMAS, A. E., -A- NCT-2
THOMAS, A. E., -A- NCT-2 is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Aghorn Operating, Inc. It has 7 wellbores on file with the Commission. Reported production runs from March 2018 to August 2026, totalling 17,940 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 $869K, with roughly $160K 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 164 barrels a month, about 23 per wellbore. Its strongest month on the record we hold was January 2019, at 299 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 THOMAS, A. E., -A- NCT-2
- Who operates THOMAS, A. E., -A- NCT-2?
- THOMAS, A. E., -A- NCT-2 is operated by Aghorn Operating, Inc., Railroad Commission of Texas operator number 008716.
- Where is THOMAS, A. E., -A- NCT-2?
- THOMAS, A. E., -A- NCT-2 is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49702.
- Is THOMAS, A. E., -A- NCT-2 still producing?
- THOMAS, A. E., -A- NCT-2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THOMAS, A. E., -A- NCT-2 is August 2026.
- How much has THOMAS, A. E., -A- NCT-2 produced?
- THOMAS, A. E., -A- NCT-2 has reported 17,940 barrels of oil (bbl) to the Railroad Commission of Texas between March 2018 and August 2026, from 7 wellbores.
- How much is THOMAS, A. E., -A- NCT-2 worth?
- The remaining production from THOMAS, A. E., -A- NCT-2 is estimated to be worth about $869K in total as of 26 August 2026, within a range of $678K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THOMAS, A. E., -A- NCT-2 is a fraction of it. The estimate fits an Arps decline curve to the production THOMAS, A. E., -A- 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 THOMAS, A. E., -A- NCT-2 is an estimate of value, not an offer and not an appraisal.
- How much income does THOMAS, A. E., -A- NCT-2 generate in a year?
- THOMAS, A. E., -A- NCT-2 is forecast to net about $160K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in THOMAS, A. E., -A- NCT-2 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Aghorn Operating, Inc. |
|---|---|
| Field | Goldsmith, W. (San Andres) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 49702 |
| Wellbores | 7 |
| Reported production | 17,940 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $869K |
Where THOMAS, A. E., -A- 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.