JONES
JONES is a Texas oil lease in Smith County, Railroad Commission district 06, operated by Valence Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from May 2017 to August 2026, totalling 188,961 barrels. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $9K, with roughly $2K expected over the next twelve months.
| Operator | Valence Operating Company |
|---|---|
| Field | Girlie Caldwell (Goodland Lm) |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 15536 |
| Wellbores | 1 |
| Reported production | 188,961 bbl |
| First reported | May 2017 |
| Last reported | August 2026 |
| Estimated royalty value | $9K |
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.