NEW JERSEY STATE 55 29-32
NEW JERSEY STATE 55 29-32 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Jetta Permian, LP. It has 1 wellbore on file with the Commission. Reported production runs from November 2019 to August 2026, totalling 3,355,703 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 $8.6M, with roughly $1.5M 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 40,252 thousand cubic feet a month. Its strongest month on the record we hold was December 2019, at 260,496 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 NEW JERSEY STATE 55 29-32
- Who operates NEW JERSEY STATE 55 29-32?
- NEW JERSEY STATE 55 29-32 is operated by Jetta Permian, LP, Railroad Commission of Texas operator number 432284.
- Where is NEW JERSEY STATE 55 29-32?
- NEW JERSEY STATE 55 29-32 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 288757.
- Is NEW JERSEY STATE 55 29-32 still producing?
- NEW JERSEY STATE 55 29-32 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEW JERSEY STATE 55 29-32 is August 2026.
- How much has NEW JERSEY STATE 55 29-32 produced?
- NEW JERSEY STATE 55 29-32 has reported 3,355,703 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2019 and August 2026, from 1 wellbore.
- How much is NEW JERSEY STATE 55 29-32 worth?
- The remaining production from NEW JERSEY STATE 55 29-32 is estimated to be worth about $8.6M in total as of 26 August 2026, within a range of $7.1M to $10.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEW JERSEY STATE 55 29-32 is a fraction of it. The estimate fits an Arps decline curve to the production NEW JERSEY STATE 55 29-32 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEW JERSEY STATE 55 29-32 is an estimate of value, not an offer and not an appraisal.
- How much income does NEW JERSEY STATE 55 29-32 generate in a year?
- NEW JERSEY STATE 55 29-32 is forecast to net about $1.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NEW JERSEY STATE 55 29-32 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jetta Permian, LP |
|---|---|
| Field | Ford, West (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 288757 |
| Wellbores | 1 |
| Reported production | 3,355,703 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.6M |
Where NEW JERSEY STATE 55 29-32 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.