THE PHILIP JENKINS
THE PHILIP JENKINS is a Texas gas lease in Hutchinson County, Railroad Commission district 10, operated by R.E.D. Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 2002 to August 2026, totalling 641,493 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 $11K, with roughly $2K 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 48 thousand cubic feet a month. Its strongest month on the record we hold was January 2018, at 1,282 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% 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 THE PHILIP JENKINS
- Who operates THE PHILIP JENKINS?
- THE PHILIP JENKINS is operated by R.E.D. Resources, Inc., Railroad Commission of Texas operator number 687146.
- Where is THE PHILIP JENKINS?
- THE PHILIP JENKINS is a Texas gas lease in Hutchinson County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 188785.
- Is THE PHILIP JENKINS still producing?
- THE PHILIP JENKINS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for THE PHILIP JENKINS is August 2026.
- How much has THE PHILIP JENKINS produced?
- THE PHILIP JENKINS has reported 641,493 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2002 and August 2026, from 1 wellbore.
- How much is THE PHILIP JENKINS worth?
- The remaining production from THE PHILIP JENKINS is estimated to be worth about $11K in total as of 27 August 2026, within a range of $6K to $16K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in THE PHILIP JENKINS is a fraction of it. The estimate fits an Arps decline curve to the production THE PHILIP JENKINS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for THE PHILIP JENKINS is an estimate of value, not an offer and not an appraisal.
- How much income does THE PHILIP JENKINS generate in a year?
- THE PHILIP JENKINS is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in THE PHILIP JENKINS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | R.E.D. Resources, Inc. |
|---|---|
| Field | Shirley (Marmaton) |
| County | Hutchinson County, Texas |
| RRC district | 10 |
| Lease number | 188785 |
| Wellbores | 1 |
| Reported production | 641,493 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $11K |
Where THE PHILIP JENKINS 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.