DEARMAN,J.W. GAS UNIT 1

DEARMAN,J.W. GAS UNIT 1 is a Texas oil lease in Shelby County, Railroad Commission district 06, operated by Sonora Petroleum Corp. It has 1 wellbore on file with the Commission. Reported production runs from February 2004 to August 2026, totalling 11,142 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 $131K, with roughly $25K 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 38 barrels a month. Its strongest month on the record we hold was October 2023, at 120 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 DEARMAN,J.W. GAS UNIT 1

Who operates DEARMAN,J.W. GAS UNIT 1?: DEARMAN,J.W. GAS UNIT 1 is operated by Sonora Petroleum Corp., Railroad Commission of Texas operator number 802201.
Where is DEARMAN,J.W. GAS UNIT 1?: DEARMAN,J.W. GAS UNIT 1 is a Texas oil lease in Shelby County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 14296.
Is DEARMAN,J.W. GAS UNIT 1 still producing?: DEARMAN,J.W. GAS UNIT 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DEARMAN,J.W. GAS UNIT 1 is August 2026.
How much has DEARMAN,J.W. GAS UNIT 1 produced?: DEARMAN,J.W. GAS UNIT 1 has reported 11,142 barrels of oil (bbl) to the Railroad Commission of Texas between February 2004 and August 2026, from 1 wellbore.
How much is DEARMAN,J.W. GAS UNIT 1 worth?: The remaining production from DEARMAN,J.W. GAS UNIT 1 is estimated to be worth about $131K in total as of 26 August 2026, within a range of $72K to $190K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DEARMAN,J.W. GAS UNIT 1 is a fraction of it. The estimate fits an Arps decline curve to the production DEARMAN,J.W. GAS UNIT 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DEARMAN,J.W. GAS UNIT 1 is an estimate of value, not an offer and not an appraisal.
How much income does DEARMAN,J.W. GAS UNIT 1 generate in a year?: DEARMAN,J.W. GAS UNIT 1 is forecast to net about $25K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in DEARMAN,J.W. GAS UNIT 1 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

DEARMAN,J.W. GAS UNIT 1 as filed with the Railroad Commission of Texas
Operator	Sonora Petroleum Corp.
Field	Tenaha(Glen Rose)
County	Shelby County, Texas
RRC district	06
Lease number	14296
Wellbores	1
Reported production	11,142 bbl
First reported	February 2004
Last reported	August 2026
Estimated royalty value	$131K

Where DEARMAN,J.W. GAS UNIT 1 sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 26 August 2026.

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.