JRED RANCH
JRED RANCH is a Texas oil lease in Dimmit County, Railroad Commission district 01, operated by Hamilton, Clay. It has 6 wellbores on file with the Commission. Reported production runs from November 2023 to August 2026, totalling 618,633 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 $36.7M, with roughly $15.2M 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 29,089 barrels a month, about 4,848 per wellbore. Its strongest month on the record we hold was November 2025, at 66,508 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 JRED RANCH
- Who operates JRED RANCH?
- JRED RANCH is operated by Hamilton, Clay, Railroad Commission of Texas operator number 348557.
- Where is JRED RANCH?
- JRED RANCH is a Texas oil lease in Dimmit County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 21280.
- Is JRED RANCH still producing?
- JRED RANCH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JRED RANCH is August 2026.
- How much has JRED RANCH produced?
- JRED RANCH has reported 618,633 barrels of oil (bbl) to the Railroad Commission of Texas between November 2023 and August 2026, from 6 wellbores.
- How much is JRED RANCH worth?
- The remaining production from JRED RANCH is estimated to be worth about $36.7M in total as of 26 August 2026, within a range of $30.1M to $43.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JRED RANCH is a fraction of it. The estimate fits an Arps decline curve to the production JRED RANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JRED RANCH is an estimate of value, not an offer and not an appraisal.
- How much income does JRED RANCH generate in a year?
- JRED RANCH is forecast to net about $15.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JRED RANCH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hamilton, Clay |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Dimmit County, Texas |
| RRC district | 01 |
| Lease number | 21280 |
| Wellbores | 6 |
| Reported production | 618,633 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $36.7M |
Where JRED RANCH 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.