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 November 1996 to August 2026, totalling 48,183 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 $454K, with roughly $75K 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 69 barrels a month. Its strongest month on the record we hold was November 2016, at 146 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 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 07156.
- 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 48,183 barrels of oil (bbl) to the Railroad Commission of Texas between November 1996 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 $454K in total as of 27 August 2026, within a range of $249K to $658K. 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 $75K 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
| Operator | Texaco E & P Inc. |
|---|---|
| Field | Lips (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 07156 |
| Wellbores | 1 |
| Reported production | 48,183 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $454K |
Where MCGARRAUGH, C. S. "B" NCT-1 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.