L. V. JONES GAS UNIT I
L. V. JONES GAS UNIT I is a Texas gas lease in Freestone County, Railroad Commission district 05, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2010 to August 2026, totalling 1,535,897 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 $106K, with roughly $20K 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 883 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 8,480 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 L. V. JONES GAS UNIT I
- Who operates L. V. JONES GAS UNIT I?
- L. V. JONES GAS UNIT I is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is L. V. JONES GAS UNIT I?
- L. V. JONES GAS UNIT I is a Texas gas lease in Freestone County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 259195.
- Is L. V. JONES GAS UNIT I still producing?
- L. V. JONES GAS UNIT I is currently producing. The most recent month of production reported to the Railroad Commission of Texas for L. V. JONES GAS UNIT I is August 2026.
- How much has L. V. JONES GAS UNIT I produced?
- L. V. JONES GAS UNIT I has reported 1,535,897 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2010 and August 2026, from 1 wellbore.
- How much is L. V. JONES GAS UNIT I worth?
- The remaining production from L. V. JONES GAS UNIT I is estimated to be worth about $106K in total as of 27 August 2026, within a range of $83K to $130K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in L. V. JONES GAS UNIT I is a fraction of it. The estimate fits an Arps decline curve to the production L. V. JONES GAS UNIT I has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for L. V. JONES GAS UNIT I is an estimate of value, not an offer and not an appraisal.
- How much income does L. V. JONES GAS UNIT I generate in a year?
- L. V. JONES GAS UNIT I is forecast to net about $20K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in L. V. JONES GAS UNIT I receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Teague (CV-Bossier Cons.) |
| County | Freestone County, Texas |
| RRC district | 05 |
| Lease number | 259195 |
| Wellbores | 1 |
| Reported production | 1,535,897 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $106K |
Where L. V. JONES GAS UNIT I 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.