JOEY SMITH
JOEY SMITH is a Texas oil lease in La Salle County, Railroad Commission district 01, operated by Riley Exploration, LLC. It has 3 wellbores on file with the Commission. Reported production runs from December 2010 to August 2026, totalling 224,345 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 $835K, with roughly $161K 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 188 barrels a month, about 63 per wellbore. Its strongest month on the record we hold was May 2017, at 1,177 barrels. 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 JOEY SMITH
- Who operates JOEY SMITH?
- JOEY SMITH is operated by Riley Exploration, LLC, Railroad Commission of Texas operator number 712156.
- Where is JOEY SMITH?
- JOEY SMITH is a Texas oil lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 15483.
- Is JOEY SMITH still producing?
- JOEY SMITH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JOEY SMITH is August 2026.
- How much has JOEY SMITH produced?
- JOEY SMITH has reported 224,345 barrels of oil (bbl) to the Railroad Commission of Texas between December 2010 and August 2026, from 3 wellbores.
- How much is JOEY SMITH worth?
- The remaining production from JOEY SMITH is estimated to be worth about $835K in total as of 27 August 2026, within a range of $651K to $1.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JOEY SMITH is a fraction of it. The estimate fits an Arps decline curve to the production JOEY SMITH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JOEY SMITH is an estimate of value, not an offer and not an appraisal.
- How much income does JOEY SMITH generate in a year?
- JOEY SMITH is forecast to net about $161K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JOEY SMITH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Riley Exploration, LLC |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | La Salle County, Texas |
| RRC district | 01 |
| Lease number | 15483 |
| Wellbores | 3 |
| Reported production | 224,345 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $835K |
Where JOEY SMITH 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.