ARCH NESBITT
ARCH NESBITT is a Texas oil lease in Harrison County, Railroad Commission district 06, operated by New Century Exploration, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 2020 to August 2026, totalling 16,820 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 $30K, with roughly $5K 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 5 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was April 2020, at 2,162 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 ARCH NESBITT
- Who operates ARCH NESBITT?
- ARCH NESBITT is operated by New Century Exploration, Inc., Railroad Commission of Texas operator number 606055.
- Where is ARCH NESBITT?
- ARCH NESBITT is a Texas oil lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15759.
- Is ARCH NESBITT still producing?
- ARCH NESBITT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ARCH NESBITT is August 2026.
- How much has ARCH NESBITT produced?
- ARCH NESBITT has reported 16,820 barrels of oil (bbl) to the Railroad Commission of Texas between January 2020 and August 2026, from 2 wellbores.
- How much is ARCH NESBITT worth?
- The remaining production from ARCH NESBITT is estimated to be worth about $30K in total as of 26 August 2026, within a range of $0 to $60K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ARCH NESBITT is a fraction of it. The estimate fits an Arps decline curve to the production ARCH NESBITT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ARCH NESBITT is an estimate of value, not an offer and not an appraisal.
- How much income does ARCH NESBITT generate in a year?
- ARCH NESBITT is forecast to net about $5K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ARCH NESBITT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | New Century Exploration, Inc. |
|---|---|
| Field | Whelan (Pettit) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 15759 |
| Wellbores | 2 |
| Reported production | 16,820 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $30K |
Where ARCH NESBITT 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.