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Texas oil lease

Producing

PRICE, R. M. "B" NCT-1

Price, R. M. "B" NCT-1 is an oil lease in Pecos County, Texas, operated by Kneupper Oil, LLC in the El Cinco (Wichita Albany, Mid.) field.

2 wells

622bbl oil, last 12 months−21% vs prior year
RRC lease
08-36383

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Where it sits

This county

Pecos CountyPecosUptonCranePecos County
Pecos County
Oil in Jul 2026
88 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: Kneupper Oil, LLC took over from Olsen Energy Inc. in Mar 2026.

  • Buyer

    Buyer changed: ENERGY TRANSFER MARKETING & TERM replaced ENERGY TRANSFER COMPANY as the buyer of this lease's gas from oil wells on Dec 1, 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 21% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 21% over the last 12 monthsMonthly oil production for PRICE, R. M. "B" NCT-1, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 622 bbl in the 12 months through Jul 2026, against 783 bbl in the 12 months before.Last 12 months: 622 bblbbl per month0255075100125Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 21% over the last 12 monthsMonthly oil production for PRICE, R. M. "B" NCT-1, Aug 2023 to Jul 2026. Oil output fell 21% over the last 12 months. 622 bbl in the 12 months through Jul 2026, against 783 bbl in the 12 months before.Last 12 monthsbbl per month0255075100125Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed once, most recently in Mar 2026

Operators of this lease over timeOlsen Energy Inc., Jan 2020 to Feb 2026; Kneupper Oil, LLC, Mar 2026 to Jul 20262020202120222023202420252026Changed Mar 2026Olsen Energy Inc.Jan 2020 to Feb 2026Kneupper Oil, LLCMar 2026 to now
Operators of this lease over timeOlsen Energy Inc., Jan 2020 to Feb 2026; Kneupper Oil, LLC, Mar 2026 to Jul 20262020202120222023202420252026Changed Mar 2026Olsen Energy Inc.Jan 2020 to Feb 2026Kneupper Oil, LLCMar 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on PRICE, R. M. "B" NCT-1
API numberWell no.Status
42-371-307754Shut-in
42-371-362995Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Oasis Transp & Marketing Corp.OilGathers100Mar 1, 2026–
Energy Transfer Marketing & TermCasinghead gasBuys100Dec 1, 2025–
Energy Transfer CompanyCasinghead gasGathers100Nov 1, 2015–
Shell Trading (Us) CompanyOilGathers100Dec 1, 2025Mar 1, 2026
Energy Transfer CompanyCasinghead gasBuys100Nov 1, 2015Dec 1, 2025
Hollyfrontier Ref & Mktg LLCOilGathers100Sep 1, 2011Dec 1, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

240 acres on the newest permit

Permits for Price, R. M. "B" NCT-1
API numberWell no.Acreson the permit
42-371-362995240
42-371-307754240

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for PRICE, R. M. "B" NCT-1
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Kneupper Oil,88168$80.46$2.89
Jun 2026Kneupper Oil,800$84.81$3.15
May 2026Kneupper Oil,44156$102.13$2.94
Apr 2026Kneupper Oil,560$100.32$2.77
Mar 2026Kneupper Oil,550$91.38$3.04
Feb 2026Olsen Energy0169$64.51$3.62
Jan 2026Olsen Energy650$60.04$7.72
Dec 2025Olsen Energy90$57.97$4.26
Nov 2025Olsen Energy59172$60.06$3.79
Oct 2025Olsen Energy650$60.89$3.19
Sep 2025Olsen Energy490$63.96$2.97
Aug 2025Olsen Energy52162$64.86$2.91
Jul 2025Olsen Energy550$68.39$3.20
Jun 2025Olsen Energy630$68.17$3.02
May 2025Olsen Energy66160$62.17$3.12
Apr 2025Olsen Energy590$63.54$3.42
Mar 2025Olsen Energy95164$68.24$4.12
Feb 2025Olsen Energy710$71.53$4.19
Jan 2025Olsen Energy160$75.74$4.13
Dec 2024Olsen Energy86171$70.12$3.01
Nov 2024Olsen Energy670$69.95$2.12
Oct 2024Olsen Energy550$71.99$2.20
Sep 2024Olsen Energy72158$70.24$2.28
Aug 2024Olsen Energy780$76.68$1.99
Jul 2024Olsen Energy80173$81.80$2.07
Jun 2024Olsen Energy800$79.77$2.54
May 2024Olsen Energy93176$80.02$2.12
Apr 2024Olsen Energy830$85.35$1.60
Mar 2024Olsen Energy103168$81.28$1.49
Feb 2024Olsen Energy103161$77.25$1.72
Jan 2024Olsen Energy730$74.15$3.18
Dec 2023Olsen Energy96174$71.90$2.52
Nov 2023Olsen Energy97179$77.69$2.71
Oct 2023Olsen Energy1210$85.64$2.98
Sep 2023Olsen Energy113168$89.43$2.64
Aug 2023Olsen Energy1030$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

Kneupper Oil, LLC in Pecos County

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El Cinco (Wichita Albany, Mid.) field

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