JET PILOT 24 FEE
JET PILOT 24 FEE is a Texas gas lease in Culberson County, Railroad Commission district 08, operated by Cimarex Energy Co. It has 1 wellbore on file with the Commission. Reported production runs from November 2016 to August 2026, totalling 3,380,120 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 $1.1M, with roughly $380K 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 11,987 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 110,432 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 JET PILOT 24 FEE
- Who operates JET PILOT 24 FEE?
- JET PILOT 24 FEE is operated by Cimarex Energy Co., Railroad Commission of Texas operator number 153438.
- Where is JET PILOT 24 FEE?
- JET PILOT 24 FEE is a Texas gas lease in Culberson County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 281740.
- Is JET PILOT 24 FEE still producing?
- JET PILOT 24 FEE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JET PILOT 24 FEE is August 2026.
- How much has JET PILOT 24 FEE produced?
- JET PILOT 24 FEE has reported 3,380,120 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2016 and August 2026, from 1 wellbore.
- How much is JET PILOT 24 FEE worth?
- The remaining production from JET PILOT 24 FEE is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $877K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JET PILOT 24 FEE is a fraction of it. The estimate fits an Arps decline curve to the production JET PILOT 24 FEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JET PILOT 24 FEE is an estimate of value, not an offer and not an appraisal.
- How much income does JET PILOT 24 FEE generate in a year?
- JET PILOT 24 FEE is forecast to net about $380K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JET PILOT 24 FEE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cimarex Energy Co. |
|---|---|
| Field | Derby (Bone Spring) |
| County | Culberson County, Texas |
| RRC district | 08 |
| Lease number | 281740 |
| Wellbores | 1 |
| Reported production | 3,380,120 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where JET PILOT 24 FEE 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.