SMITH, VESTER
SMITH, VESTER is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Jones Energy, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from September 2008 to August 2026, totalling 514,773 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 $171K, with roughly $35K 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 433 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 2,298 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 SMITH, VESTER
- Who operates SMITH, VESTER?
- SMITH, VESTER is operated by Jones Energy, Ltd., Railroad Commission of Texas operator number 441129.
- Where is SMITH, VESTER?
- SMITH, VESTER is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 243156.
- Is SMITH, VESTER still producing?
- SMITH, VESTER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SMITH, VESTER is August 2026.
- How much has SMITH, VESTER produced?
- SMITH, VESTER has reported 514,773 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2008 and August 2026, from 1 wellbore.
- How much is SMITH, VESTER worth?
- The remaining production from SMITH, VESTER is estimated to be worth about $171K in total as of 26 August 2026, within a range of $133K to $208K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SMITH, VESTER is a fraction of it. The estimate fits an Arps decline curve to the production SMITH, VESTER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SMITH, VESTER is an estimate of value, not an offer and not an appraisal.
- How much income does SMITH, VESTER generate in a year?
- SMITH, VESTER is forecast to net about $35K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SMITH, VESTER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Jones Energy, Ltd. |
|---|---|
| Field | Lipscomb (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 243156 |
| Wellbores | 1 |
| Reported production | 514,773 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $171K |
Where SMITH, VESTER 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.