COMBS-WORLEY, NCT-2
COMBS-WORLEY, NCT-2 is a Texas oil lease in Gray 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 100,636 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 $112K, with roughly $22K 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 35 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was September 2019, at 493 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 COMBS-WORLEY, NCT-2
- Who operates COMBS-WORLEY, NCT-2?
- COMBS-WORLEY, NCT-2 is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is COMBS-WORLEY, NCT-2?
- COMBS-WORLEY, NCT-2 is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 00633.
- Is COMBS-WORLEY, NCT-2 still producing?
- COMBS-WORLEY, NCT-2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for COMBS-WORLEY, NCT-2 is August 2026.
- How much has COMBS-WORLEY, NCT-2 produced?
- COMBS-WORLEY, NCT-2 has reported 100,636 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 12 wellbores.
- How much is COMBS-WORLEY, NCT-2 worth?
- The remaining production from COMBS-WORLEY, NCT-2 is estimated to be worth about $112K in total as of 26 August 2026, within a range of $62K to $163K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in COMBS-WORLEY, NCT-2 is a fraction of it. The estimate fits an Arps decline curve to the production COMBS-WORLEY, 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 COMBS-WORLEY, NCT-2 is an estimate of value, not an offer and not an appraisal.
- How much income does COMBS-WORLEY, NCT-2 generate in a year?
- COMBS-WORLEY, NCT-2 is forecast to net about $22K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in COMBS-WORLEY, 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 Gray County Field |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 00633 |
| Wellbores | 12 |
| Reported production | 100,636 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $112K |
Where COMBS-WORLEY, 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.