JO WELLS 96
JO WELLS 96 is a Texas gas lease in Hemphill County, Railroad Commission district 10, operated by Latigo Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from June 2011 to August 2026, totalling 3,084,992 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 $525K, with roughly $98K 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 2,966 thousand cubic feet a month. Its strongest month on the record we hold was August 2017, at 18,037 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 JO WELLS 96
- Who operates JO WELLS 96?
- JO WELLS 96 is operated by Latigo Petroleum, Inc., Railroad Commission of Texas operator number 488264.
- Where is JO WELLS 96?
- JO WELLS 96 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 262571.
- Is JO WELLS 96 still producing?
- JO WELLS 96 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JO WELLS 96 is August 2026.
- How much has JO WELLS 96 produced?
- JO WELLS 96 has reported 3,084,992 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2011 and August 2026, from 1 wellbore.
- How much is JO WELLS 96 worth?
- The remaining production from JO WELLS 96 is estimated to be worth about $525K in total as of 27 August 2026, within a range of $435K to $614K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JO WELLS 96 is a fraction of it. The estimate fits an Arps decline curve to the production JO WELLS 96 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JO WELLS 96 is an estimate of value, not an offer and not an appraisal.
- How much income does JO WELLS 96 generate in a year?
- JO WELLS 96 is forecast to net about $98K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JO WELLS 96 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Latigo Petroleum, Inc. |
|---|---|
| Field | Meg (Granite Wash) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 262571 |
| Wellbores | 1 |
| Reported production | 3,084,992 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $525K |
Where JO WELLS 96 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.