JOAN

JOAN is a Texas oil lease in Lee County, Railroad Commission district 03, operated by U. S. Operating, Inc. It has 2 wellbores on file with the Commission. Reported production runs from September 2008 to August 2026, totalling 29,181 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $2K, with roughly $356 expected over the next twelve months.

OperatorU. S. Operating, Inc.
FieldGiddings (Navarro, Oil)
CountyLee County, Texas
RRC district03
Lease number25233
Wellbores2
Reported production29,181 bbl
First reportedSeptember 2008
Last reportedAugust 2026
Estimated royalty value$2K

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.