WOLTERS, R.A. NCT-1
WOLTERS, R.A. NCT-1 is a Texas oil lease in Fort Bend County, Railroad Commission district 03, operated by Mcgowan Working Partners. It has 7 wellbores on file with the Commission. Reported production runs from November 1995 to August 2026, totalling 411,409 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 $2.7M, with roughly $600K 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 908 barrels a month, about 130 per wellbore. Its strongest month on the record we hold was March 2021, at 1,175 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 WOLTERS, R.A. NCT-1
- Who operates WOLTERS, R.A. NCT-1?
- WOLTERS, R.A. NCT-1 is operated by Mcgowan Working Partners, Railroad Commission of Texas operator number 549832.
- Where is WOLTERS, R.A. NCT-1?
- WOLTERS, R.A. NCT-1 is a Texas oil lease in Fort Bend County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 22858.
- Is WOLTERS, R.A. NCT-1 still producing?
- WOLTERS, R.A. NCT-1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WOLTERS, R.A. NCT-1 is August 2026.
- How much has WOLTERS, R.A. NCT-1 produced?
- WOLTERS, R.A. NCT-1 has reported 411,409 barrels of oil (bbl) to the Railroad Commission of Texas between November 1995 and August 2026, from 7 wellbores.
- How much is WOLTERS, R.A. NCT-1 worth?
- The remaining production from WOLTERS, R.A. NCT-1 is estimated to be worth about $2.7M in total as of 27 August 2026, within a range of $2.1M to $3.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WOLTERS, R.A. NCT-1 is a fraction of it. The estimate fits an Arps decline curve to the production WOLTERS, R.A. NCT-1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WOLTERS, R.A. NCT-1 is an estimate of value, not an offer and not an appraisal.
- How much income does WOLTERS, R.A. NCT-1 generate in a year?
- WOLTERS, R.A. NCT-1 is forecast to net about $600K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WOLTERS, R.A. NCT-1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mcgowan Working Partners |
|---|---|
| Field | Thompson |
| County | Fort Bend County, Texas |
| RRC district | 03 |
| Lease number | 22858 |
| Wellbores | 7 |
| Reported production | 411,409 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.7M |
Where WOLTERS, R.A. NCT-1 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.