GOUGER, H.E. FEE NCT-4

GOUGER, H.E. FEE NCT-4 is a Texas gas lease in Mcmullen County, Railroad Commission district 01, operated by Texaco E & P Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 1996 to August 2026, totalling 1,032,811 thousand cubic feet. The lease is intermittent. 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 $89K, with roughly $13K 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 1,219 thousand cubic feet a month. Its strongest month on the record we hold was July 2025, at 5,066 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 GOUGER, H.E. FEE NCT-4

Who operates GOUGER, H.E. FEE NCT-4?: GOUGER, H.E. FEE NCT-4 is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
Where is GOUGER, H.E. FEE NCT-4?: GOUGER, H.E. FEE NCT-4 is a Texas gas lease in Mcmullen County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 157469.
Is GOUGER, H.E. FEE NCT-4 still producing?: GOUGER, H.E. FEE NCT-4 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for GOUGER, H.E. FEE NCT-4 is August 2026.
How much has GOUGER, H.E. FEE NCT-4 produced?: GOUGER, H.E. FEE NCT-4 has reported 1,032,811 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 1996 and August 2026, from 1 wellbore.
How much is GOUGER, H.E. FEE NCT-4 worth?: The remaining production from GOUGER, H.E. FEE NCT-4 is estimated to be worth about $89K in total as of 27 August 2026, within a range of $74K to $104K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOUGER, H.E. FEE NCT-4 is a fraction of it. The estimate fits an Arps decline curve to the production GOUGER, H.E. FEE NCT-4 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOUGER, H.E. FEE NCT-4 is an estimate of value, not an offer and not an appraisal.
How much income does GOUGER, H.E. FEE NCT-4 generate in a year?: GOUGER, H.E. FEE NCT-4 is forecast to net about $13K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GOUGER, H.E. FEE NCT-4 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

GOUGER, H.E. FEE NCT-4 as filed with the Railroad Commission of Texas
Operator	Texaco E & P Inc.
Field	Hostetter (Wilcox 9,900)
County	Mcmullen County, Texas
RRC district	01
Lease number	157469
Wellbores	1
Reported production	1,032,811 mcf
First reported	February 1996
Last reported	August 2026
Estimated royalty value	$89K

Where GOUGER, H.E. FEE NCT-4 sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.