JEFFERSON LAND CO.
JEFFERSON LAND CO. is a Texas gas lease in Jefferson County, Railroad Commission district 03, operated by Milestone Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2001 to August 2026, totalling 266,774 thousand cubic feet. 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 $34K, with roughly $4K 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 167 thousand cubic feet a month. Its strongest month on the record we hold was August 2018, at 508 thousand cubic feet. 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 JEFFERSON LAND CO.
- Who operates JEFFERSON LAND CO.?
- JEFFERSON LAND CO. is operated by Milestone Operating, Inc., Railroad Commission of Texas operator number 567103.
- Where is JEFFERSON LAND CO.?
- JEFFERSON LAND CO. is a Texas gas lease in Jefferson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 184007.
- Is JEFFERSON LAND CO. still producing?
- JEFFERSON LAND CO. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JEFFERSON LAND CO. is August 2026.
- How much has JEFFERSON LAND CO. produced?
- JEFFERSON LAND CO. has reported 266,774 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2001 and August 2026, from 1 wellbore.
- How much is JEFFERSON LAND CO. worth?
- The remaining production from JEFFERSON LAND CO. is estimated to be worth about $34K in total as of 27 August 2026, within a range of $27K to $42K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JEFFERSON LAND CO. is a fraction of it. The estimate fits an Arps decline curve to the production JEFFERSON LAND CO. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JEFFERSON LAND CO. is an estimate of value, not an offer and not an appraisal.
- How much income does JEFFERSON LAND CO. generate in a year?
- JEFFERSON LAND CO. is forecast to net about $4K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JEFFERSON LAND CO. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Milestone Operating, Inc. |
|---|---|
| Field | Lovells Lake (Marg. 7500) |
| County | Jefferson County, Texas |
| RRC district | 03 |
| Lease number | 184007 |
| Wellbores | 1 |
| Reported production | 266,774 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $34K |
Where JEFFERSON LAND CO. 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.