JONES, L. V. GAS UNIT
JONES, L. V. GAS UNIT is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Estate Oil & Gas Corp. It has 1 wellbore on file with the Commission. Reported production runs from July 1999 to August 2026, totalling 1,251,174 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 a standard royalty share at about $6K, with roughly $868 expected over the next twelve months.
| Operator | Estate Oil & Gas Corp. |
|---|---|
| Field | Reed, N. (Bossier Sd.) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 174122 |
| Wellbores | 1 |
| Reported production | 1,251,174 mcf |
| First reported | July 1999 |
| Last reported | August 2026 |
| Estimated royalty value | $6K |
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.