MCGARRAUGH, C. S., -B- NCT-1

MCGARRAUGH, C. S., -B- NCT-1 is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Texaco E & P Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 100,769 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 $330K, with roughly $61K 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 123 barrels a month. Its strongest month on the record we hold was May 2023, at 426 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 MCGARRAUGH, C. S., -B- NCT-1

Who operates MCGARRAUGH, C. S., -B- NCT-1?: MCGARRAUGH, C. S., -B- NCT-1 is operated by Texaco E & P Inc., Railroad Commission of Texas operator number 844118.
Where is MCGARRAUGH, C. S., -B- NCT-1?: MCGARRAUGH, C. S., -B- NCT-1 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 03151.
Is MCGARRAUGH, C. S., -B- NCT-1 still producing?: MCGARRAUGH, C. S., -B- NCT-1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MCGARRAUGH, C. S., -B- NCT-1 is August 2026.
How much has MCGARRAUGH, C. S., -B- NCT-1 produced?: MCGARRAUGH, C. S., -B- NCT-1 has reported 100,769 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is MCGARRAUGH, C. S., -B- NCT-1 worth?: The remaining production from MCGARRAUGH, C. S., -B- NCT-1 is estimated to be worth about $330K in total as of 27 August 2026, within a range of $257K to $402K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MCGARRAUGH, C. S., -B- NCT-1 is a fraction of it. The estimate fits an Arps decline curve to the production MCGARRAUGH, C. S., -B- 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 MCGARRAUGH, C. S., -B- NCT-1 is an estimate of value, not an offer and not an appraisal.
How much income does MCGARRAUGH, C. S., -B- NCT-1 generate in a year?: MCGARRAUGH, C. S., -B- NCT-1 is forecast to net about $61K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MCGARRAUGH, C. S., -B- NCT-1 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MCGARRAUGH, C. S., -B- NCT-1 as filed with the Railroad Commission of Texas
Operator	Texaco E & P Inc.
Field	Mcgarraugh, W. (Morrow Up.)
County	Ochiltree County, Texas
RRC district	10
Lease number	03151
Wellbores	1
Reported production	100,769 bbl
First reported	January 1993
Last reported	August 2026
Estimated royalty value	$330K

Where MCGARRAUGH, C. S., -B- NCT-1 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.