GETHING, E. E. NCT-2
GETHING, E. E. NCT-2 is a Texas oil lease in Gray County, Railroad Commission district 10, operated by Texaco E & P Inc. It has 17 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 643,321 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 $361K 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 586 barrels a month, about 34 per wellbore. Its strongest month on the record we hold was December 2016, at 1,078 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 GETHING, E. E. NCT-2
- Who operates GETHING, E. E. NCT-2?
- GETHING, E. E. NCT-2 is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
- Where is GETHING, E. E. NCT-2?
- GETHING, E. E. NCT-2 is a Texas oil lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 01536.
- Is GETHING, E. E. NCT-2 still producing?
- GETHING, E. E. NCT-2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GETHING, E. E. NCT-2 is August 2026.
- How much has GETHING, E. E. NCT-2 produced?
- GETHING, E. E. NCT-2 has reported 643,321 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 17 wellbores.
- How much is GETHING, E. E. NCT-2 worth?
- The remaining production from GETHING, E. E. NCT-2 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 GETHING, E. E. NCT-2 is a fraction of it. The estimate fits an Arps decline curve to the production GETHING, E. E. 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 GETHING, E. E. NCT-2 is an estimate of value, not an offer and not an appraisal.
- How much income does GETHING, E. E. NCT-2 generate in a year?
- GETHING, E. E. NCT-2 is forecast to net about $361K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GETHING, E. E. 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 | 01536 |
| Wellbores | 17 |
| Reported production | 643,321 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.4M |
Where GETHING, E. E. 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.