VT JAMES TRUST 1355
VT JAMES TRUST 1355 is a Texas gas lease in Webb County, Railroad Commission district 04, operated by American Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 274,653 thousand cubic feet. The lease is shut in. 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 $395, with roughly $50 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 2 thousand cubic feet a month. Its strongest month on the record we hold was February 2018, at 1,222 thousand cubic feet.
Key facts about VT JAMES TRUST 1355
- Who operates VT JAMES TRUST 1355?
- VT JAMES TRUST 1355 is operated by American Exploration Company, Railroad Commission of Texas operator number 018023.
- Where is VT JAMES TRUST 1355?
- VT JAMES TRUST 1355 is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 053509.
- Is VT JAMES TRUST 1355 still producing?
- VT JAMES TRUST 1355 is shut in. The most recent month of production reported to the Railroad Commission of Texas for VT JAMES TRUST 1355 is August 2026.
- How much has VT JAMES TRUST 1355 produced?
- VT JAMES TRUST 1355 has reported 274,653 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is VT JAMES TRUST 1355 worth?
- The remaining production from VT JAMES TRUST 1355 is estimated to be worth about $395 in total as of 27 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in VT JAMES TRUST 1355 is a fraction of it. The estimate fits an Arps decline curve to the production VT JAMES TRUST 1355 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for VT JAMES TRUST 1355 is an estimate of value, not an offer and not an appraisal.
- How much income does VT JAMES TRUST 1355 generate in a year?
- VT JAMES TRUST 1355 is forecast to net about $50 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in VT JAMES TRUST 1355 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | American Exploration Company |
|---|---|
| Field | Owen (Olmos) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 053509 |
| Wellbores | 1 |
| Reported production | 274,653 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $395 |
Where VT JAMES TRUST 1355 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.