LACEY, JOHN
LACEY, JOHN is a Texas oil lease in Jim Wells County, Railroad Commission district 04, operated by Southwest Oil & Land, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 43,655 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 $57K, with roughly $11K 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 18 barrels a month, about 9 per wellbore. Its strongest month on the record we hold was July 2018, at 94 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 LACEY, JOHN
- Who operates LACEY, JOHN?
- LACEY, JOHN is operated by Southwest Oil & Land, Inc., Railroad Commission of Texas operator number 806350.
- Where is LACEY, JOHN?
- LACEY, JOHN is a Texas oil lease in Jim Wells County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 08873.
- Is LACEY, JOHN still producing?
- LACEY, JOHN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LACEY, JOHN is August 2026.
- How much has LACEY, JOHN produced?
- LACEY, JOHN has reported 43,655 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is LACEY, JOHN worth?
- The remaining production from LACEY, JOHN is estimated to be worth about $57K in total as of 27 August 2026, within a range of $31K to $83K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LACEY, JOHN is a fraction of it. The estimate fits an Arps decline curve to the production LACEY, JOHN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LACEY, JOHN is an estimate of value, not an offer and not an appraisal.
- How much income does LACEY, JOHN generate in a year?
- LACEY, JOHN is forecast to net about $11K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LACEY, JOHN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Southwest Oil & Land, Inc. |
|---|---|
| Field | Alfred, West (3170) |
| County | Jim Wells County, Texas |
| RRC district | 04 |
| Lease number | 08873 |
| Wellbores | 2 |
| Reported production | 43,655 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $57K |
Where LACEY, JOHN 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.