CHERRY, PETER -B-
CHERRY, PETER -B- is a Texas oil lease in Wilson County, Railroad Commission district 01, operated by J-Energy. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 30,694 barrels. 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 $177K, with roughly $34K 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 36 barrels a month. Its strongest month on the record we hold was February 2023, at 83 barrels. 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 CHERRY, PETER -B-
- Who operates CHERRY, PETER -B-?
- CHERRY, PETER -B- is operated by J-Energy, Railroad Commission of Texas operator number 427572.
- Where is CHERRY, PETER -B-?
- CHERRY, PETER -B- is a Texas oil lease in Wilson County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 05673.
- Is CHERRY, PETER -B- still producing?
- CHERRY, PETER -B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CHERRY, PETER -B- is August 2026.
- How much has CHERRY, PETER -B- produced?
- CHERRY, PETER -B- has reported 30,694 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is CHERRY, PETER -B- worth?
- The remaining production from CHERRY, PETER -B- is estimated to be worth about $177K in total as of 27 August 2026, within a range of $97K to $257K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CHERRY, PETER -B- is a fraction of it. The estimate fits an Arps decline curve to the production CHERRY, PETER -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CHERRY, PETER -B- is an estimate of value, not an offer and not an appraisal.
- How much income does CHERRY, PETER -B- generate in a year?
- CHERRY, PETER -B- is forecast to net about $34K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CHERRY, PETER -B- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | J-Energy |
|---|---|
| Field | Palmer (Wilcox) |
| County | Wilson County, Texas |
| RRC district | 01 |
| Lease number | 05673 |
| Wellbores | 1 |
| Reported production | 30,694 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $177K |
Where CHERRY, PETER -B- 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.