JARMAN, W. T. 37
JARMAN, W. T. 37 is a Texas oil lease in Van Zandt County, Railroad Commission district 05, operated by Union Oil Company Of California. It has 3 wellbores on file with the Commission. Reported production runs from September 2000 to August 2026, totalling 51,890 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 $181K, 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 55 barrels a month, about 18 per wellbore. Its strongest month on the record we hold was August 2025, at 74 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 JARMAN, W. T. 37
- Who operates JARMAN, W. T. 37?
- JARMAN, W. T. 37 is operated by Union Oil Company Of California, Railroad Commission of Texas operator number 876520.
- Where is JARMAN, W. T. 37?
- JARMAN, W. T. 37 is a Texas oil lease in Van Zandt County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 03701.
- Is JARMAN, W. T. 37 still producing?
- JARMAN, W. T. 37 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JARMAN, W. T. 37 is August 2026.
- How much has JARMAN, W. T. 37 produced?
- JARMAN, W. T. 37 has reported 51,890 barrels of oil (bbl) to the Railroad Commission of Texas between September 2000 and August 2026, from 3 wellbores.
- How much is JARMAN, W. T. 37 worth?
- The remaining production from JARMAN, W. T. 37 is estimated to be worth about $181K in total as of 26 August 2026, within a range of $99K to $262K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JARMAN, W. T. 37 is a fraction of it. The estimate fits an Arps decline curve to the production JARMAN, W. T. 37 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JARMAN, W. T. 37 is an estimate of value, not an offer and not an appraisal.
- How much income does JARMAN, W. T. 37 generate in a year?
- JARMAN, W. T. 37 is forecast to net about $34K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JARMAN, W. T. 37 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Oil Company Of California |
|---|---|
| Field | Van (Pecan Gap) |
| County | Van Zandt County, Texas |
| RRC district | 05 |
| Lease number | 03701 |
| Wellbores | 3 |
| Reported production | 51,890 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $181K |
Where JARMAN, W. T. 37 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.